“January’s cryptocurrency selloff got fresh impetus on Tuesday when Bitcoin slumped as much as 25 percent, as the prospect of regulatory crackdowns appeared to spread…”
This story continues at the end of this blog.
The key is to understand that Bitcoin is for trading.
Bitcoin is not an investment.
People can invest in Blockchain technology but with Bitcoin, it is really a trading game.
There are FOREX traders.
There are no FOREX investors.
Since Bitcoin is a virtual currency, people can be Bitcoin traders.
There are no Bitcoin investors.
People who call themselves Bitcoin investors are really Bitcoinspeculators…