Post
Topic
Board Economics
Re: crypto market demand is increasing
by
1Referee
on 18/02/2018, 14:33:39 UTC
As of the time of posting, the market took a dip. Maybe some who bought at below 7k took their profit. Good news for those who bought low. But bad for those who just bought it recently. This proves that the market is very unpredictable.

How is it bad for those who bought at near $11,000 levels? If you buy yourself into a market that has gone up quite a bit already, you have to understand that the market might dip due to people securing profits, so it shouldn't come as a surprise. In other words, if you really understand this market, it should be seen as collateral damage. If you regardless of that still see it as something bad, then it just shows how people yet again don't know what they're investing in. To add; it's not that people have anything to complain about, because ~$11,000 is a more than solid entry point, especially for the longer term. I remember having seen people post that they would instantly buy if the price tanked back to $10,000, so here it is, now buy.