Five Reasons Why 2018 Could Be Best Year Yet For Cryptocurrencies

In an earlier piece for CNBC, I explained why a potential cryptocurrency bubble could burst in 2018. Many people asked me afterward: If I’m so skeptical about the space, why am I invested in it?Let me clarify. I’m someone who always calculates the potential upsides and downsides, and I think many people take unnecessary risks: They either invest too much or too little because they don’t do proper analysis.So I want to highlight five reasons why 2018 might be the best ever year for cryptocurrencies and why I’m heavily invested in them.

Source: Bitcoin, Ethereum, other cryptocurrency: Five positive factors for 2018 – CNBC

DAX Edges Lower as German GDP Slows in Q4

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This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam