Post
Topic
Board Trading Discussion
Re: Is this stall in the cryptomarket temporary?
by
South Park
on 31/01/2018, 23:10:34 UTC
Its frustrating to see such a steady stall in the crypto market post January. Seems like any price change (increase/decrease) is happening at snail pace. Any hope that this market will pick up soon in the following months?

Yes, of course, its frustrating to see such kind of stall and we cannot do anything to this and there is nothing to worry about this stall because this is how the market used to behave. Market moves like in snake speed when it is trending and otherwise, it used to move like a snail in sideways trend. the current stall is just a temporary pause and i am sure that we are going to see a big trending move soon and most probably it will be uptrend move because the long-term uptrend is still in action and it will not end once there is no strong formation of top forms over there in bitcoin price charts.
It would not hurt us for the price to remain like this for some time, I know people want the market to keep climbing and reach new record levels every month but think about it, I already run out of money to invest in bitcoin and altcoins, if the price were to remain like this for some time that will give me the chance to save some money and make more investments at these low prices then when the  price begins to move up one again I will make more profits than if the market did not stop.