Bitcoin Forum

Economy => Speculation => Topic started by: Nellie565 on May 26, 2018, 05:58:32 PM



Title: Crypto Currency Pop Culture Minute Is Blurring.....
Post by: Nellie565 on May 26, 2018, 05:58:32 PM
Abruptly, Bitcoin appears somewhat exhausting.It may be difficult to accept. Be that as it may, after the 1,400 for each penny rally of 2017, with wild swings en route, the considerable crypto rage has cooled, in any event for the present. ..


Title: Re: Crypto Currency Pop Culture Minute Is Blurring.....
Post by: franky1 on May 26, 2018, 06:03:57 PM
the way i see it

2016 the price did not drop below $300
2017 the price did not drop below $900
2018 the price hasnt droped below $6000

i personally never care for or check for the buzz of ATH (all time highs) as they are just temporary events lasting only seconds or minutes before correcting themselves. in most cases hardly anyone is ready for the event to actually take advantage of it.

most are not logged into an exchange at that exact second to be quick enough to type in an order and press submit.. and so 99% of the community never benefit from it ..
so why should we care. why should we highlight it. why should people hype $20k as if its (foolishly) an expected normal amount to then treat anything below it as a "drop"... it was not a drop. it was a correction

as long as the long term growth continues and there shows good support of continuing rise of THE LOWS compared to previous years. thats all that matters.

january, febuary and march. was a correction. then based on lows and support lines. april and may have seen prices break under previous support lines. which is where the "dip" is.