Bitcoin, Ethereum, and Ripple saw record highs near the end of December, only to crash massively in 2018. The currencies are starting to bounce back, but what does the future hold for these kinds of cryptocurrencies?
If there’s one thing that separates the veteran cryptocurrency aficionado from the newbie investor, it’s the level of panic after a major crash. Bitcoin, Ethereum, and Ripple made the news time and time again over the course of 2017, causing many people to jump on board with hopes that the value of the currencies will continue to rise. However, when the Bitcoin, Ethereum, and Ripple price took a massive dive in the beginning of 2017, a lot of people cut their losses – and the losses were huge. Those that weathered the storm are starting to see the currency bounce back, but will we ever see a Bitcoin valuation as high as we saw in the end of 2017? Experts are divided on this issue in a major way.
Cryptocurrencies like Bitcoin, Ethereum, and Ripple are relatively unique in that their value is driven off of speculation r