Bitcoin climbs to over $9,000

[Hanno Labuschagne]

Bitcoin climbs to over $9,000

Excitement over Bitcoin’s upcoming halving and an overall risk-on environment are pushing up cryptocurrencies, with the largest token reaching its highest level since before the coronavirus-induced crash.

Bitcoin gained as much as 1.9% to $9,099 Thursday as of 11:30 a.m. in Hong Kong after jumping 15% on Wednesday, according to composite prices on Bloomberg. Other cryptocurrencies also advanced, with Bitcoin Cash and Litecoin both up a third day.

Cryptocurrencies have moved in tandem with riskier assets -- stocks are up more than 30% -- over the past month but many crypto fans are also pointing to Bitcoin’s so-called halving, which reduces the number of rewards miners receive.

[Bloomberg]

 

[Rharia]

I've always considered bitcoin and cryptocurrency to be quite promising investment areas. So it's no surprise for me that the demand for it has increased so dramatically. Even so because it's risky enough still to invest in it, the bitcoin rate can drop just as fast as it went up. So with it, you need to analyze the market well so you don't lose your money.

 

[r4nd0m]

 

[w1z4rd]

Now to wait for the next crash to buy in again.

 

[Snyper564]

Now to wait for the next crash to buy in again.

there was a mini crash after this peak, but yeah buy the dip sell high rinse repeat

 

[MirageF1]

Yada yada, more fantastic headlines for the fantasists.

Bitcoin, sh@tcoin, had it's bubble, burst and now all the losers circle endlessly like vultures hoping for... One last scrap.

 

[Heisenborg]

Well the price now is around 10k and just at the start of the month it was almost 12k. That is a huge drop, but it seems to be rising again. At the start of the year I was reading some predictions that the price will rise to more than 20k and it seemed to be possible then, but now I am not so sure. There is one website that I trust about information on cryptocurrency and that is investotrend.com. They got a lot of their predictions right and when they reccomend something I tend to listen, because it seems like they have some experts there.

Lol, subtle

 

[lkswan747]

Lol, subtle

Definition of an expert:
Ex = A Has-been
spert = A drip under pressure

 

[MirageF1]

LMAO
Tell us how much you lost

Zilch. Don't gamble with my hard earned money, certainly not with nothing but vain hope. You?

 

[MirageF1]

Such a pity you didn't buy R1k worth in 2010.

If , pity, why didn't , blah blah.

Why haven't you played the lottery every day of your adult life? You might even win.

You live your life in reverse. Hindsight is more often than not a futile notion.

 

[MirageF1]

Hey, at least I'm not bitter.

Nice attempt at deflecting your fantasies.I smile at fools.

How your Tesla shares doing?
Pity you never bought 100k last year huh.