Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks 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". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts 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 blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Saturday, September 25, 2021

Bitcoin Investment Strategy


Bitcoin's price is currently hovering around 42 000 USD. Bitcoin is fundamentally undervalued.

Bitcoin and its underlying blockchain algorithm will disrupt most industries and the world we know. The best way to play this, as far as I am concerned, is to buy and hold Bitcoin for the long run. I think Bitcoin's price will rise in the long term. This is not an investment recommendation!

One has to be able to stomach between 20 % and 80 % declines of Bitcoin's price, but Bitcoin's underlying economics will eventually prevail, I am convinced.

No comments: