Last but not least from the live chat, many people asked me what I think about BITCOIN, and while it is not my specialty, I wanted to give you a more detailed answer. On May 12, which is Tuesday, BITCOIN is going through a process called HALVING. This happened in 2012 and 2016. I believe that was the impetus that sent BITCOIN skyrocketing at the time. So, as you can see, this process happens every four years -- now that we are in 2020, it is about to happen again. Is that the reason that we've seen it go from $4000 to where it is right now? Probably, but again, I don't know for sure. But it is possible that it very well skyrocket once again because of this four-year recurrence. I myself have no ideas if this will send it back up to the top again, but it very possible because so many people think that it probably will. Would I personally be buying it right now? NO. But only because I don't know enough about how BITCOINS really work, and I don't buy things simply because I think they are going to go up. I buy things because I understand how they work. I need to understand the risk vs. the reward -- and that's when I make an investment. But that is my answer to BITCOIN. If you buy, be ready to sell if it skyrockets.
Posted by Suze at 2020-05-09 17:10:53 UTC