Post
Topic
Board Speculation (Altcoins)
Re: Heading for another crash?
by
styca
on 23/02/2018, 07:26:09 UTC
Not meaning to spread worry but watching everything go down again, I have been kicking myself for missing out and picking the wrong coin to buy on the last dip and I could have made $$$ on bitcoin with the bounce back, do you think there is a chance there will be another big dip coming is it this just a small wave? Not that I want to lose money on my other coins but if there is a chance to have another dip like we just had, I would be ok with that, as everything proved they can come back (maybe not to the same height they were just a month ago, but came up enough that people can capitalize)...still a newbie so learning the ropes and tricks of reading and guessing the crypto game.

Look at the charts over a longer period, last 3 months view is quite informative. The dip this week is just part of the larger bear pattern since early Jan. We are still in a falling market, the question is how low the current mini-dip will go. If the minimum is substantially higher than the last minimum (around $300 billion for the whole market), then arguably we are on the path to recovery.