Will crypto ever gain widespread adoption with constant news like this?
Or, given that previous hacks and losses didn't affect the price from shooting up to new highs, is this the perfect time to buy?
Or, given that previous hacks and losses didn't affect the price from shooting up to new highs, is this the perfect time to buy?
That said, there’s a lot of speculation and money laundering which provides a floor on prices. If you look at the historical numbers it looks like the whales will somewhat reliably step in around $60k to reverse a decline, which suggests there’s a benefit for some of them around that price. If you’re canny, you can probably make a decent return but I wouldn’t spend any money you can’t afford to lose.