Post
Topic
Board Economics
Re: Possible big Crash coming within 10 days
by
disclaimer201
on 26/05/2017, 06:26:02 UTC
There are a number of things that can happen. 1) Price will continue to go up. 2) Price will crash back to a level somewhere between 1400-2000 Dollars. 3) Price will appear to crash to 1400-2000 Dollars but simply dives a few hundred and goes back up. 4) Price will go down in waves, similar to the way it increased before. Number 4 is my favorite and particularly painful if you sold at or near the highest price yesterday, bought back today thinking you are a genius but find the price to be a hundred lower tomorrow. Tomorrow, you will buy some more (it's so cheap!) and price plummets by another hundred the next day. Although usually number 3 happens, scenario 4 has happened before and fucked everyone up, but a few very large players.