Bitcoin: The Age of Exploration
Recently Bitcoin has been plunging in succession into a bear market, and its current price has already fallen below my own average purchase price (while I was writing this piece it dropped 10%!). But I figure it still has another stretch of decline ahead of it, so lately probably isn’t a good time for newcomers to enter. Of course, Bitcoin’s rhythm is the rhythm of the Internet age; a so-called bear market can’t possibly last for years the way it did after the bursting of the Nasdaq or Chinese A-share bubbles. At worst it may take ten days or half a month, at most a year or so, and it…
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