Post
Topic
Board Speculation (Altcoins)
Re: Looks like another crash is coming!!
by
validenp
on 15/08/2017, 07:10:47 UTC
I don't see any crash coming. There is no potential bad news on the horizon. Bitcoin is not being pumped, there are no huge fomo's. It has self correction within the slow rise to its current level. You should watch the rise and falls within its slow rise to new heights. Best to look at a real time chart to see what I mean. Falls usually occur when a coin is being pushed hard with lots of buying and no selling. But when there is a steady rise above lots of buying and selling then you should feel safe. I am still new but I have bitten the bullet on many fomo's early on and usually don't panic when there is alot of red bars with the green bars in the slow climb to new heights.

Either way, if you are afraid, take some precautions. I took some profit and bought cheap silver. That way if there is a crash I hedged myself.