Potato pothato

Jernej Vrčko
PalmaBot
Published in
2 min readSep 26, 2019

Last general drop of crypto assets opens a lot of questions. We can hear thing such as” Bulls are tired, bearish triangle step forward, with Bitcoin is wrong this and that, unsuccessful futures released, …”

#PalmaWay

Just rise our heads and look around. We can see a lot of hot spots right now. Oil crises, migration, environment and World is falling apart, high prices of real estates and stocks, currencies war, … All this is bringing some kind of tension among the investors.

Fact is that the general public is not well educated on the financial field. From this point of view, we can understand reactions on the crypto market when the stock market falls down, crypto follows in the same direction. Everything is the same, right? But it is not. During the time, the general public will notice the difference between stock, bond, crypto, real estate, etc.

Photo by Markus Spiske on Unsplash

And now we also got the possibility to play with the Bitcoin futures contracts. This is a great step forward regardless of the trading volumes at the moment. During the time, people will get knowledge about that and with this kind of derivate, we will have a great indicator of price movement, another possibility of hedging etc.

So, we will be witnesses of some strange behavior since the crypto market is so fresh. But during the time everything will come to the right place. Just stay alert, learn and be confident of what you know.

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