Laughs. Sometimes they planned it. The whales might collide with other whales to reach consensus and invest in any of the crypto, and expecting to push the coin higher. After making the coin gain value, they'll just agree to cash out same time to bring the coin's value so low. That's why i say, the rich controls the market and the poor follows to contribute to their wealth. Is only few that understands, and get signal what the whales intend to do, gain huge from such scenario when it occurs.
Already the bearish have ended. It lasted for just one week, now the bullish run have continued. All the coins have started regaining values again. BTC, BNB, ETH, BCH, XRP, ADA, DOT, UNI etc are the top rising coins since the bearish run ended.
Yeah,true. I even saw on crypto news this morning that this is the best first quarter Bitcoin would be having since it's inception and it's run has been profitable for over six months with is highly impressive.
Interesting, ever since Bitcoin started experiencing high price surge during late November 2020, it never went below the expected fall. Had it been one keep up with Bitcoin investment, or trade it for long term the reward would've been very high today.
Accurate! But that is the thing with crypto currency coins, their volatile nature makes them unpredictable, so one is not sure how the price would go higher or lower, but one thing is sure you can never go wrong for investing in bitcoin.
Yes, you can never go wrong when you stick to Bitcoin investment. Those who are Bitcoin' enthusiasts never go wrong investing on it, be it long term or short term. They believe if they fail today, tomorrow they'll win big.
Well said, the oldest crypto currency, Bitcoin has seen a major boost in it's shareholders as enthusiasts of the coin keeps growing daily, what about the predictions that there just might be another crash, would this affect enthusiasts?
You have to take into consideration the number of people and the amount of awareness bitcoin has now compared to that time. It is in the nature of Cryptos to go up and down but bitcoin won't ever go below a certain point in my opinion.
The bullish run as you suggest, can't see the reduced of its lovers or investors. It will bring some back, who have been waiting patiently for the coin to fall, so they can buy at reduced cost and make money through it when it go bullish.
The last time Bitcoin crashed, 2016 I think it had a bearish run for about three months but it still came back up after the bearish run so do you still think Bitcoin enthusiasts can be patient enough for three months
Some persons stay 1-2 two years for their coin's value to be gigantic. I read an article concerning a man who became very rich with Bitcoin. After earning 11 BTC from faucet during 2010. When faucets where given high value of Bitcoin for completing tasks. The man kept the coin for more than 4 years. And the value reached $11k, from $1 during that year 2010. Their are people who forget they had some coin, until it gains enormous value, before they'll check their abandoned coins. It is always good to save for the long term and forget you have such amount saved.
Patience is the key in business world and you also have to be calm when you are dealing with crypto currency, don't judge quickly without confirming first, I have stored my crypto inside my wallet several months ago and its still yielding and multiplying there , so i prefer leaving my crypto currency in my wallet.
Of course there would be people would keep their coins for a long time I am just wondering if majority of the investors would still continue investing in Bitcoin if there is a crash and the price falls for days or months!
Is wise of you to store your crypto in your wallet for long period of time. Already i see, it paid off for you. That is the benefit of long term investment plan when it comes to Cryptocurrency. If you save for long you have edge to make dividends to the one making short term investment.
Alright that's good,i know that some people will be scared of leaving their cryptocurrencies in their wallet,they feel something might happen to it. First of all ,one should use a well secured wallet or platform for their cryptocurrencies transactions, this way,you won't be scared of leaving crypto coins in them.