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1  Bitcoin / Bitcoin Discussion / Re: Bitcoin Is Trading at a Discount, Says Bloomberg Senior Analyst on: August 08, 2022, 09:07:37 AM
I think now is a great long term investment opportunity for bitcoin and a couple of altcoins that won't disappear in 2-3 years and has a chance to outperform ATH (in my opinion they are ETH,AVAX,EGLD,BNB).
According to my strategy bitcoin will go into a bullish trend after it has passed and secured above the $50k level. Anything below that is just a rebound in a bear market and that also can and should be traded (if you know how).
In general I would recommend many traders, especially those for whom this is the first cycle change, to reduce the trading deposits in order to cut the potential losses.
The main thing now is to survive the crypto winter and not to lose all the profits that were earned on the bullpen.

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