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RE: Day 19: Thoughts on Bitcoin forks and the new bubble
This post deserves an update, so here I am.
Bitcoin is at 11K.
Many good news:
- CME's future on December 1st
- Novogratz and other investors optimistic prediction of $40K next year
- Nasdaq coming up with futures in Q1
...
$15K is at the horizon and it may arrive before the EOY. Everything looks so bullish that in 2018 we may see a 1 trillion market cap. What to do when that happen.
Let's do some risk management with your portfolio, several corrections may happen, and although we're still strong bullish, there will must be a reversal to a bear market, even for 1, 2 or even 10 years, a bear market still don't exclude Bitcoin long term vision of global adoption.