With the price of bitcoin on a downward trajectory, some investors believe the crypto currency will continue to decline.
But that isn’t necessarily a bad thing.
Read moreThe Wall Street Bet David OReilly and Jennifer David David Orea are two analysts with Axios who have been bullish on the cryptocurrency for months.
But they are also bullish on bitcoin’s future.
The two are both bullish on what they call the “Wall Street Bet,” which is a hedge fund that bets on how the cryptocurrency will price.
David OREA and David ORAWS have a history of predicting what the cryptocurrency’s future will look like.
“This is a great time to be bullish on this.
The price is going up,” OREAS told Axios.
David OREAs bullish on cryptocurrency’s price and the cryptocurrency itself.
The fund is currently holding more than $400 million in cryptocurrency, according to Axios, with some of the money going into cryptocurrencies that are more valuable than bitcoin.
The fund’s main asset is bitcoin, but David Oreas believes that is also where the future of the crypto will be headed.
David and OREa believe the cryptocurrency is currently trading at a value of $15, and they have made the case that this is because of the way bitcoin is traded.
“The price is up because of a lack of liquidity in the marketplace,” David Oresa told Axi.
“The price of the asset is rising because of speculation.”
David Oresas prediction about the cryptocurrency price.
David says that is because the value of bitcoin is inflated.
The market is speculating on bitcoin prices, he says, and this is the time to capitalize on that speculation.
David told Axiom the cryptocurrency market is not going to fall apart because of speculators.
The hedge fund says that’s because the blockchain is a public ledger of transactions.
“It’s a public database.
It’s just like any other public database, it has an open-source code,” David said.
David’s opinion of bitcoin isn’t all positive.
David says the cryptocurrency has a high volatility.
“If you go down, you’re probably losing money,” he said.
“But if you go up, you might make a lot of money.”
The hedge funds biggest argument against bitcoin is that it’s a speculative bubble.
David argues that bitcoin is a bubble, which is why it is a good hedge against speculators buying into the market.
“When you go to the Wall Street, you know you’re going to get the best returns, the lowest risk.
But you’re still going to have to do some risk,” David told Axiot.
David said that the hedge fund is not investing in the Bitcoin bubble, because that’s what happens when the bubble bursts.
David has been bullish about bitcoin since 2015, but he believes the market is now headed in the right direction.
David points out that the crypto has been volatile and that bitcoin’s market cap is over $100 billion.
David believes that there are many ways to invest in bitcoin, and that one of the best ways to do that is by buying cryptocurrencies.
David explained that he’s interested in buying bitcoin because he believes that it has a potential to disrupt the global financial system.
“I’m not a big believer in this bubble.
I’m not buying into this bubble,” David explained.
“That bubble is going to burst.
But I’m buying into bitcoin because I believe in the cryptocurrency and its potential.”
David’s prediction of how bitcoin’s price will fall.
David also said that bitcoin has a lot going for it.
“Bitcoin has all the attributes that I want in a speculative asset,” David wrote.
“Its high volatility, it’s high liquidity, it can be traded in the market and it’s not tied to any government.
Its decentralized and it can’t be controlled by any one entity.”
David believes bitcoin’s potential is similar to that of gold.
“Gold is a commodity,” David writes.
“Because gold is so scarce, it takes years for its value to go up.
When gold gets into the trillions of dollars, it goes up a lot faster than it goes down.”
David says bitcoin has the potential to have the same qualities that gold has.
“I don’t see a reason to buy bitcoin.
I think bitcoin is going through a bubble,” he wrote.
David is bullish on gold, and he believes bitcoin will eventually be the same.
David wrote that the price will continue its upward trend for years to come.