Prices doubled to $2,000 in mid-May and then skyrocketed to over $19,000 by December. By the end of 2019, Bitcoin’s price was back down to $7,200. You only get one unique key to access your wallet, which means you need to be extra careful about not losing your key or having it stolen. Don’t share your private key with anyone, just like you wouldn’t share your Social Security number or your debit card PIN. Maintaining strong passwords that you update regularly and not using the same password for multiple accounts will make you less vulnerable to hacks and scams. Just like you shouldn’t let a price drop influence your decision…

Federal Reserve, which has the mandate over the most powerful fiat currency, the USD. The Fed releases rate decisions 8 times a year, and these are important events for the BTCUSD price. Cryptocurrencies have few metrices available that allow for forecasting, if only because it is rumored that only few cryptocurrency holders own a large portion of available supply. These large holders – referred to as “whales” – are said to make up of two percent of anonymous ownership accounts, whilst owning roughly 92 percent of BTC. On top of this, most people who use cryptocurrency-related services worldwide are retail clients rather than institutional investors. This means outlooks on whether…