MartyBoots here. I have been trading for years and I am here to share my ideas with you to help the Crypto space. DO NOT BE LEFT BEHIND Bitcoin Bull Market Is here right now Crypto Is Very Bullish right now should move a lot higher This market has potential parabolic structure If you want help trading Bitcoin or any other ALT coins hit me up, We will. Dec 17, · Bitcoin broke through record highs, clearing a major milestone above $20, to trade above $22, on Thursday. That's just the latest move after a massive year for bitcoin . Nov 24, · The popular trade lost steam later in the week, falling nearly 12% since Wednesday to around $16, as of Friday morning, according to CoinMetrics.. Bitcoin is still up around % year to Author: Lizzy Gurdus.
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I think bitcoin could potentially be the Tesla of It could, in my most bullish case possible, get to K by the end of next year. That'd be my bull case. I think my base case is a little closer to it doubling up to about 40K by the end of Skip Navigation. Markets Pre-Markets U. VIDEO Another trader saw even loftier heights ahead for the crypto play.
Related Tags. Keris Lahiff. This video-gaming stock is the best for , two traders say. Just this week, a prominent South Korean exchange was forced to shut down after being raided by hackers. And longtime Bitcoin watchers can hardly forget the spectacular implosion of Mt. Gox, the first high-profile Bitcoin exchange, which ceased operation in after allegedly being hit by hackers.
Coinbase started way back in when Bitcoin was frequently used on black market sites such as the Silk Road while Gemini was started by Cameron and Tyler Winklevoss—the twins who are perhaps best known for suing Mark Zuckerberg over the creation of Facebook. The Winklevoss brothers are now Bitcoin billionaires. Both exchanges take measures to protect Bitcoin deposits.
For instance, they claim to store only small percentage of cryptocurrencies online at any one time, with the vast majority being held in offline cold storage, out of reach of any potential hacker. Nevertheless, some industry insiders say that, while exchanges are useful for buying and selling Bitcoin, they may not be a great place to store them. John Biggs, a former editor at TechCrunch who lauched a Bitcoin company several years ago, says that Bitcoin should be treated more like a physical asset than a conventional currency.
Both Galligan and Biggs recommend that Bitcoin owners use something called a hardware wallet. A recovery process is also available in case you physically misplace the wallet. If your Bitcoin is in a physical wallet, they can't go up in smoke if the exchange is compromised.
But, of course, none of these measures can save you if Bitcoin values suddenly plummet. Because even the most secure hardware isn't bubble-proof. Sign In. Become a Member. Remember Me. Not a member? Need further assistance? Please call Member Services at How Safe Is Bitcoin, Really? Sudden drops in price aren't all investors need to worry about.
Bitcoin can also be lost or stolen. By Nicholas Deleon. December 22,