Post
Topic
Board Speculation
Re: "Bitcoin Bull is not yet over"
by
magneto
on 09/02/2018, 07:55:39 UTC
I just read this comments on reddit and I believe this should encourage some of us to keep holding our Bitcoin! This is a hard things to do in the present of this bearish trends that we have seeing since the beginning of this year. I think we are going to have a new set of holders if we sell our coins now and this might create a new investors out of the dump.
https://www.reddit.com/r/Bitcoin/comments/7w2f83/bitcoin_bull_is_not_over_novogratz_raises_250/

Obviously. It's just taking a break from the pumps.

But just as obviously, whether or not this break from pumping is going to be a prolonged break of a few years or just simply a couple of months of consolidation in the market before bitcoin continues its way up is another question.

Right now, a lot of new people are being interested in bitcoin because they see the price at a lower level again, something that they were unable to sight often in the past few months. So yeah, if you sell your coins now, your bags will simply be taken up by another person. Don't forget that long term holding often yield the most. All of this is just short term noise.