From December's high to this weekend's low, Bitcoin has dropped 60%
This has been a steady and consistant down trend, which means more blood to come in coming weeks as more countrys crack down on the exchanges.
Do yourself a favour, if you want to keep any money lock your profits in now.
If you really are stupid enough to buy in again, at least wait till it stops falling and has leveled out for a month so you don't ride any further drops.
Let's be honest, some random guys on the internet printing their own money is never going to ever replace government issued and controlled money. Banks know it's stupid, all finance gurus know it's stupid and billionaires also are not buying it.
Time to wake up and smell the roses, this is a poor persons cult, nothing more.
Anyone betting on Bitcoin and telling you to buy or hold do not understand how money, governments and the world work.
