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i don't know how to feel about this price rise.
on one hand we have a big rally going on, which is awesome because price is rising.
also when i look at how price has been rising i see a good amount of drops, which shows corrections are happening to some extent and also i see the fact that there is a big buy support which is buying all the dips ever so eagerly.
but on the other hand i can't help but be a little scared of the fast rise, despite all the things that i said.
suffice it to say that i am not planning on selling any coins under 10K
i've tried some day trading but it takes a lot out me so i gave it up.
so what do you feel these days about the current rally we have on our hands?
on one hand we have a big rally going on, which is awesome because price is rising.
also when i look at how price has been rising i see a good amount of drops, which shows corrections are happening to some extent and also i see the fact that there is a big buy support which is buying all the dips ever so eagerly.
but on the other hand i can't help but be a little scared of the fast rise, despite all the things that i said.
suffice it to say that i am not planning on selling any coins under 10K
i've tried some day trading but it takes a lot out me so i gave it up.
so what do you feel these days about the current rally we have on our hands?
I have wondered too. But lets see the fact
1. BTC is rising badly againt $.
2. BTC against other alt-coins and tokens is doing normal uptrend. Charts show this to be the case at least for many coins with good reputation.
3. The world politic is changing.
These and some small details show: BTC is not rallying up, but rather $ is rallying down badly. It is my guess and I do smell something that very big playes, financial institutions, ... are getting ready for something hugely disastrous.
(So basically, people buy BTC and do not take profit. They go and find alt-coin to buy and trade normally there. Thats why BTC/USD is not correcting, time to time there comes a dump and again pump..)
