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How Long Do Investors Plan to Hold Onto Bitcoin? via @visualcap

Visual Capitalist reports, “Did investors buy bitcoin because it was trendy, or are they committed to cryptocurrency for the long haul? “As in any new and rapidly-growing market, this kind of investor intent and the overall feeling of market sentiment matters a lot. That’s because there are no historical averages or ratios to apply as […]

By Chris Sykora · June 27, 2018
How Long Do Investors Plan to Hold Onto Bitcoin? via @visualcap

Visual Capitalist reports, “Did investors buy bitcoin because it was trendy, or are they committed to cryptocurrency for the long haul?

“As in any new and rapidly-growing market, this kind of investor intent and the overall feeling of market sentiment matters a lot. That’s because there are no historical averages or ratios to apply as baselines for value, and if things head south there is always the possibility of a mass exodus.

“BUY, HODL, AND PROSPER?

“Today’s infographic comes to us from Raconteur, and it helps map out the future price expectations of crypto investors, along with how long they plan to hold onto their digital assets.

“But before we get to that, let’s look at why investors bought into the market in the first place:”

Continue to read the full story at Visual Capitalist.