Crypto Market Alert

For those of you who are unaware, the crypto market has been surging the last couple of days and will probably continue to surge for a couple of more. For those of you who are new I want to let you know that when Bitcoin goes from the ~$2100 to $2300 price range there will potentially be about a $400 drop in Bitcoin, and in return altcoins could go up or down depending on where the money is flowing.

The reason for the $2300 price range is that a psychological price trigger as I believe that is relatively near the highest price of gold (although, goldprice.org shows under $2000) and as it approaches that price people that are traders, not investors will dump their coins into precious metals or other assets.

When/if this happens, be warned that this is temporary and shouldn't take long (whether that is a day, month, or year) to recover. Just be warned that when dealing with crypto-currency, the idea is to invest, meaning you have to think long term (5-20 years) down the road on what the price will be, not short term.

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