the The price of Bitcoin and its future: published by The Investment company Grayscale has his final report for the last quarter of 2018. The company makes some statements that are likely to make Langzeithodlern courage.
By Phillip Horch
15. February 2019BTC$3.591,78 -0.29% part Facebook Twitter LinkedIn xing mail
Bitcoin-investors need a long breath. In order to survive the current crypto Winter, it takes a lot of patience, and the ability to not fall for the FUD. However, according to a report from Grayscale, a company which claims to be the largest Asset Manager for crypto-currencies, there is reason for hope.
Falling Bitcoin price is nothing New
Accordingly, the company is in its closing report, for the year 2018:
For investors who are already doing it for some time, [the bear market] is not a new phenomenon. BTC survived a 85% sell-out between December 2013 and January 2015, before [the price of Bitcoin] could return to its old High of 1,150 US dollars. And then on over 19,000 US dollars in December 2017 to rise. Today, investors find themselves in the midst of a similar situation and are faced with the question of what to do next.
The company recorded last year, apparently in spite of the case of Bitcoin-course significant increases in investment. The company has been able to take in the year 2018, a total of 359,5 million US dollars. These were, apparently, three times as high as in the year 2017, when the bull market was in full swing. Accordingly, one can see here the signs of the anti-cyclical Investments: Buy, when the cannons are thundering and sell when the violins play. The O-sound, the Grayscale looks at the Figures, anyway:
[The Figures] show that long-time investors, despite the recent price movements bullish.
the return of The Bitcoin Maximalists
Furthermore, it is Grayscale, there is a „return of the Bitcoin Maximalists“. Therefore, to be flowed in the last quarter of 2018, the most of the capital in Bitcoin. The leading crypto-currency by market capitalization, as stated in the report, received by the Bitcoin Grayscale, Trust, 88 percent of the collected capital. In addition, the value of all managed Assets is strength in numbers in a similar percentage as last 2015 risen:
We see a strong inflow relative to the Asset prices as a possible fundamental character of the value and future Price.
in Short: Grayscale assumes that investors invest in the current market, as you see for the future Potential for an increase in the Bitcoin price. Those investors can capture by the way, apparently under the „“ category.
Read also: The freedom of speech ECHO: „the methadone clinic“ – The drug Bitcoin
Because, according to the report, the majority of the Grayscale-investors – meanwhile, 66 per cent is from institutional investors. If you have the right nose, it smells of the crypto market to the COP. Finally, Grayscale recognizes on the basis of the investor profile, two clear Trends:
first of all, the average Investor is left to this time in the bear market, and has a long-term horizon [for example, in relation to the pension]. Secondly, institutional investors provide […] strategic positions in crypto-currencies over time and have seen the break-in 2018 as an attractive entry point.
Then the cops can come.
do you already Know our crypto store? : Hardware-Wallets, crypto-readings, Bitcoin keychain, Bitcoin collector’s coins, cool Shirts, or a Bitcoin-Beginner Box for the easy start in the crypto world. Here you will certainly find it. the Zum Shop