You may be a short term investor / day trader, looking at yesterday, today and maybe tomorrows probability of the SP going up or down ??? I don't know !
If you ask me what may happen in the coming days or weeks? I don't know !
Will BTC go down? Probably!
It would not surprise me one bit, to see it double bottom at around $6K! Their is calls in the market that it may go down to $5k to find support. Am I worried about that? NO, not at all, it's just a cycle that it needs to go through !
The last time BTC was down at current levels of $6700 Digital X was trading @ .20 cents mid Nov 17, and lots has happened since then. IMO, Digital X may look to be oversold, Morningstar has it undervalued @ .21 cents !
People that have lost money are not looking at the big picture ! You only lose money when you don"t understand what you have invested in and panicked - relinquish your shares to the BOT. Their has been a BOT in play for the past 3 months accumulating shares from SH that have panicked and sold!
If you look at the bigger picture, 2,5,10 years time, you will be able to see were technology is heading and I believe that Digital X is the better play on the ASX to take full advantage of this!
As I posted earlier in the week, this article will give you some indication of were business are heading and what will happen to global GDP!
!
