What Drives Cryptocurrencies' Prices?

Dear Reader,

Bitcoin and other cryptocurrencies have been on the way up for the last 7 years.

The main factors driving the increase are people's adoption of cryptocurrencies as a means of exchange, unit of account and store of value or the characteristics of money, people, corporations and institutions investing in Bitcoin and other cryptocurrencies, regulators' positive approach to cryptocurrencies and finally cryptocurrencies acting as a way to increase your wealth.

None of the aforementioned factors has lessened, so cryptocurrencies' prices are likely to continue to go higher in the short to mid-term.

Disclaimer: The blogposts and comments on this blog and posts on social networks(Twitter, LinkedIn, Facebook etc.) are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is".

Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blogposts on this blog and posts on social networks.

Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!

Respectfully yours,

Petar Posledovich