Post
Topic
Board Bitcoin Discussion
Re: The real reason behind the decline of Bitcoin and all other Altcoins
by
redhondaxrm125
on 08/02/2018, 20:52:21 UTC
Are you looking for the real reason behind the massive declines we've seen recently?

The answer is 2 words = Interest Rate.

The US is going to keep on raising it and investors are looking for save haven that pays sure dividends ... so the US Dollar that everyone has buried in the last decade is outperforming all the Cryptos, and soon the EUR/USD will hit a parity (it's $1.25 now, it won't stay like this for a long time).

History always repeats itself, one way or another.


Well that pretty much makes sense. But even so, I do not think this corrections are gonna last longer than this month or drop even further anymore. I have history as my reference into building the best course of action that i think will really make me gain profits. Not that i am saying i am accurate, but in my own understanding, i am really on the right path. Which is why these issues and other FUDS really do not worry me that much.