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The Bitcoin Sell-Off Is Getting Worse, but That Won't Stop Me From Buying Even More
It's reasonable to say that this coin isn't behaving like a safe harbor asset right now. Bitcoin is having one of those periods that make even its evangelists a bit tense. It's down by 17% over the last 12 months as I write this, and 22% over the last three months. It seems to sink no matter what the headlines are saying about politics, the economy, or international relations. Sentiment about the coin hasn't been this bad in years. But none of that will stop me from buying even more of it. Here's why. The short-term mechanism of Bitcoin getting beaten down is quite simple. For the last 12 months, there's been a new ... (full story)
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