The value of all combined cryptocurrencies (BTC, ETH, LTC, XRP, etc.) had reached a staggering $1 trillion after an unstoppable bull rally several days after the start of the year -- proving that Bitcoin and other cryptocurrencies were no bubble or at least not one that would easily pop.
After reaching such a height, one question remained on everyone's head. What s next?
A valid question to be sure but one that has no definite answer. Despite it's seemingly unstoppable growth, Bitcoin (and Altcoins) like other assets could experience a sudden crash. Everyone knows how volatile cryptocurrency are and trading with it is a very risky process. Nonetheless, unlike other assets, cryptocurrencies are known to recover even after a long decline. And once it does, it became much stronger.
Still, there's no such thing as being too careful. After all, we're in a volatile market so taking precaution is necessary.