Re: [XMR] Monero Speculation

although i did not jet sold 1 xmr , it is kinda scarry to see how fast it goes down... i really believe it will go back up again but on the other hand , we can go a lot lower ... 1000 by the summer , i dont know in this sentiment if we will get there...

Mainly it depends of how all crypto sphere will move. If we will have Bitcoin at $5000 at summer would be quite stupid to expect Monero at $1000. There is high possibility 2018 will be new 2014. And in general that would be most natural and most healthy. Because if 2018 would be just another 2017, then 2019 would be definitely an ARMAGEDON.

The question is, how low it will go and when is next best entry point?

None of us could predict exactly the flooring value and best time to reinvest. Bitcoin and Altcoins are speculative in nature to which its very hard to analyze on what will be the outcome at the end of the day. Professional forecasters almost comes close when giving out their opinions and since they couldn't predict the exact timing, many investors opt out not to rely with these predictions. I do think that it will be better if you'll just monitor the market manually by yourself instead on relying to other people. Most of the time, believing in your intuition works out well instead of a well designed investment plan.

Yes, my intuition said to me that we would reach a market cap of something near 1 trillion (there is a post saying that here) and then we would retract to 400 bi and if that doesn't hold back to 200 bi and then 100 bi, which is, again by my intuition, the floor... I expect to stop at 400bi, but 200 bi movement in a single day is really shocking! It shows the dark side of an unregulated market in which we are!