When it comes to Bitcoin, there are two kinds of people. There are those who say that it is a good idea to continue pouring money into Bitcoin and hoping that they will get rich. The problem with this is that Bitcoin is a very volatile market. A lot of people have made money, but an equal amount of people have lost a great deal of money by buying Bitcoin and then seeing the prices drop soon after. Nobody can predict what will happen tomorrow.
— Paul Mampilly (@Paul_M_Guru) June 22, 2017
Then there are the people, who are usually more experienced investors, who are warning that a Bitcoin crash will be coming soon. Experts are saying that there is nothing logical about Bitcoin, and that it is just a bubble that can be compared to the dotcom bubble. Paul Mampilly is one of those experts.
The first kind of people will often say that the people who are warning that Bitcoin is a bubble are just doing that because they are jealous that they did not make any money. However, Paul Mampilly says that such an argument is not valid, because the same argument was made to him during the dotcom bubble. During that bubble, he did in fact make money, but he made sure to sell his stocks while they were still rising, so he did not have to suffer when they eventually started falling. He simply saw that they cannot continue rising forever and that they will fall eventually. The same goes for Bitcoin. If you have Bitcoin and you have made a profit, you should heed the advice of Paul Mampilly and sell your Bitcoin right now. This way, you still have a chance of making a profit. If, however, you do not sell your Bitcoin, it is likely that you will lose a lot of money. If you did not make a profit with Bitcoin, do not try to do so, because it is not a stable market and you run the risk of losing a lot of money. There is nothing substantial about Bitcoin. It just a frenzy that is driven by the news media and by the fear of missing out, also known as FOMO.
Why should you listen to Paul Mampilly? Well, 90,000 people have subscribed to his Profits Unlimited newsletter service to hear his advice. He is backed by decades of experience and success.
Learn More: www.youtube.com/watch?v=rEOrH47cGNw