At the beginning of the week, the General Director of the service for trading shares and cryptocurrency without a Commission Robinhood Baiju Bhatt said that digital money is waiting for a great future, and in the short term their rates will only grow.
Now, the co-founder of the startup Vlad Tenev warned the participants of the crypto community against giving up Bitcoin. Despite the significant price decline, the coin remains a viable and profitable asset for investment.
According to Tenev, Bitcoin develops phases-the growth is followed by a fall, and then the coin is restored to a level above the previous values. Now the first cryptocurrency costs the same as last fall. This means that in the near future Bitcoin is waiting for growth.
"It is very silly to say that Becton the end. However, now many companies abuse the term blockchain-expectations from the distributed registry technology are somewhat inflated, and entrepreneurs try to make money on the HYIP."
Robinhood strives to become a leader in the cryptocurrency trading market and remain so for decades. We wish them good luck and prosperity.