You may have made a few dollars after buying and selling Bitcoin but that does not mean you are an experienced and true investor. The fact that cryptocurrencies are purely speculative, it cannot be called as an investment according to the experts and Juno Markets review. Investment is that which will deliver returns to you but Bitcoin or some cryptocurrency investments does not produce anything. You simply hope that the next person will pay you more. Therefore, it is time that the viability of the crypto market is brought under scanner. This is due to the fact that it is extremely volatile.
A real bubble
Critics and experts of crypto currency share the same opinion in terming the crypto currency as a ‘real bubble.’ This is because it was found after scrutiny that even when Bitcoin hit $20,000 per unit in January 2017, the future of the crypto currency still remained cloudy. This is because you are always speculating and hoping that there is nothing wrong with it. It is just that kind of a gambling game where you gamble that someone else will come up and along to pay you more money tomorrow and according to definition, this is not investing. In the Juno Markets forex the main argument against Bitcoin is that nobody seems to understand what it is really.
Mechanics of the market
It is even hard to understand the mechanics of the crypto market.It is short in the long run and market participants need to closely monitor the relevant levels. This currency usually looks ahead to key technical and psychological levels. If you can break these then you will have the doors opened for further gains. Viewed from the technical standpoint, these assets will be put to test due to the resistance. In short, all investments are monetary assets purchased and Bitcoin is certainly not one.