Many people hold bitcoin or virtual currency for a long period of time in the hope of rising value. However, it may no longer be the right strategy.
As the price of bitcoin falls drastically in recent years, there is a speculation that the value of bitcoin continues to drop. Bitcoin may not longer give us a promising future. Instead, I think events driven strategy may be better where people commit short and long position when there are events occur in the market.
I think more strategy in bitcoin trading needed to be explored in order to gain value.
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