Breaking

Friday, December 22, 2017

Crypto is doing GREAT - now relax, and prepare for the post-Christmas RALLY!

There's literally no 'experts' in the crypto world in a panic, but there's also no shortage of new investors freaking out over the market corrections these past couple days.

If you're one of those new investors losing your mind - let me say, you can relax.

It was just last month, we were celebrating just the possibility of Bitcoin reaching $10,000.  See this article: Forbes: Bitcoin could hit $10,000 in time for Christmas!

That's right - it was just last month we were hopefully wishing Bitcoin would be $10,000 - It's $15,000 now (at the time of publishing this).  We are well ahead of last months best expectations.

Remember - now more than ever, average everyday people are putting money into cryptocurrency.  This is Christmas week - the week they spend the most.

So what's really happening? Basically, nothing.

What will happen next?  Well, millions of highschool and college age people get a little Christmas cash from Grandma, Grandpa and Aunts and Uncles. 

Now - guess what they'll do with it.

Get ready for the post X-Mas rally folks!

------- 
Author: Oliver Redding
Seattle News Desk