While also risky, this potential value and the probability that it might develop for the current leading candidate for this use case (Bitcoin) would appear to be sufficiently high to make it rational for many investors to allocate a small portion of their assets to Bitcoin with a long-term investment horizon.
Up Next in Trading
So far, 2018 has seen some dramatic panic selling across almost all financial markets. Metals have tanked. Stocks have become volatile and have declined about 10% from all-time highs. The bond market has taken a hit as central banks have begun slowly raising interest rates (for now). And the total market cap of all cryptocurrencies has fallen by almost $600 billion dollars. This means that many assets are currently underpriced. While most people perceive catastrophe, successful investors see opportunity. Q3 2018 might one day be looked back upon as one of the greatest buying opportunities of the decade. Let’s look at the severity of the recent declines in precious metals,mining stocks, cryptocurrencies, and cannabis stocks.
Panic Selling, Investor Psychology, And Why Contrarians Win
Panic selling has been the predominant trend so far in 2018. Contrarian investors go against the grain for massive gains.
Gold Stock Bull - Brian Nibley
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