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Author Topic: Bull market is back?  (Read 14107 times)
ololajulo
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May 20, 2019, 07:31:16 PM
 #421

It must be understood that the market is not static and is in constant motion. After a fall, there is always growth. 2018 was a year of long-term correction, therefore in 2019 we will see growth.
Now I have notice market is getting better so we can buy some coins as after few months price will be more than our expectation so some of us won’t be able to afford it, now is bull is almost here that we are expecting till the end of 2019 or at the starting of 2020 so now is time to wait and see what will happen and in how long it will be fully bull in the market.
It is difficult to buy any other coin now except bitcoin, It looks the only profitable coin to buy with less risk. I consider is affordable, as low as $500 is good investment till next year.

The dilemma here is buying bitcoin at this point lol. I think it's currently at the 8k level and i'm not really sure if there will still be a strong move upwards if we hit 9k or 10k. Because if we get to that level by the first quarter of the year then the talk of all time high may not be that farfetched after all. But i think btc will slow down so people might want to check on stable alts that are down right now because chances are, they'll have their turn on making a run.
It is still a wide guess, nobody thought it would be in this position or price by this time of the year. However, the stall in price doesnt mean bitcoin has lesser risk of investment compared to others. If we have some surge in altcoins I believe it will be of benefit to projects especially those that started in the last bear market.

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May 20, 2019, 09:09:48 PM
 #422

Again today the price of bitcoin increased to 8000$ which it seems to be we are in a bull run, which we shouldn't sell them in the market and we need to hold them for some more time in the market. Once if it crosses more than 8500$ many people are expecting the price will surely cross more than 10000$.
That's really good to see that we are back on top again, but we need to break bigger resistance so we can finally achieve a new level which is $9000.

It doesn't matter if it will take months again to reach that price as long as price now will be stable and we will not see further dumps.
Dumps do create some panic, especially in the situation now, so I'd choose a normal increase which is steady.

Honestly, bitcoin movement has really pleased many of us in this year compared to 2017. As can be seen, bitcoin has slightly continuous increase, till it get more than $8000, it has a falling. Obviously, bitcoin is considered highly volatile, so it's just a normal thing in this tough market. Although you and me, no one can say for sure previously what will happen to bitcoin or other cryptocurrencies, we'd better grow a positve mind foremost instead of negative one. Yep, i too think that bitcoin will be continuously increase, and it has the sign of bull run in 2019.

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