Bitcoin is all over drömgräns as risk appetite increases

Bitcoin, is, so far, one of 2020, the year's big winners. At the same time as it is wide, the OMXS index of the stockholm stock exchange, is up more than 4 percent since the beginning of the year and the S&P 500, on the New York stock exchange, is up about three per cent, of the value of a Bitcoin has increased by more than 40 per cent. However, the large fluctuations are associated with the kryptovalutan – which lost more than 35 per cent in the second half of 2019.

According to the: nordnet's sparekonom Leigh Bratt in hanging in as long as a majority of the course, in particular together with the way the mood of the market is about to take the risk.

" this year has been the appetite for risk has increased, in spite of a certain amount of concern. But the coronavirus does not seem to have any long-term effects on the economy and so the optimism is growing. When the market hungry for risk, and the Bitcoin price goes up, " she said.

this feature would be kryptovalutan in gold, as a safe harbor, which generally go well when the economy goes bad. However, this reasoning of buying either Leigh Bratt, or the reign of Louis Howell, a member of the board of the Swedish Bitcoinföreningen.

" I'm having a hard time seeing it. Look who's investing in Bitcoin, it is not for those who want a long-term policy, but, rather, the ones that are looking to speculate a fast win, " he said.

kryptovalutans the rise of a huge change that will take place in may of every fourth year by half, namely, the amount of coins that are given out. Right now are created all around of 1,800 new coins every day, through what is known as mining, and as of the end of June, there will only be a little over 900.

" It will be more difficult for the ”miners” to cover the cost of, for example, the amount of electricity that is required in order to produce the new coins. The supply will be reduced, and it is here praised, in right now, " says Louis Howell.

" It's a high-risk investment that will quickly go up and down. You should also be aware that the Bitcoin price is generally related with the stock market in general, " says Leigh Bratt.

Bitcoin, is, so far, been a social, technical or economic experiment, with a high degree of risk. Invest a little bit if you're interested in, but it is not something to go into with all the pension of, say, Louis Howell.

Read more: Why run out of money in Sweden.