Post
Topic
Board Speculation (Altcoins)
Re: Bubble burst
by
Raist
on 20/12/2017, 19:34:10 UTC
Hello guys, I've been around the crypto world for a year, and I've enjoyed good profits with the huge rise in altcoins (namely Neo, Waves, NeoGas and Litecoin) I had invested in. I decided to cash out in the last days since, for all good or bad, prices are TOO HIGH right now and I feel we are going to see a general correction in the next months, maybe not in BTC, but definitely in Altcoins. What are your feelings about this? When do you think we'll be back to the old "buy and HODL" times, when coins were at a decent price to be bought?

Hi. You have called crypto market (or current situation) a bubble. Please consider this: about 90% money invested in crypto world are the money of Alice and Bob,
while 90% of dotcom bubble were from companies. If companies enter this market it will explode in a year, nobody can satisfy the appetites of these cannibals. Companies cannot enter the market without regulations. Regulations will blow the market. Stalemate situation. Predators want to devour a sheep and can not - it evaporate.