Post
Topic
Board Speculation (Altcoins)
Re: The market goes up or bull-trap ?
by
sycaburatan
on 09/04/2018, 22:49:51 UTC
I don't really thing it's a trap Smiley). Cryptocurrency market dumps and pump everyday, it's really normal, if you can't be able to analyze the price chart you'll always lose money although the market pump or dump. But at this time when the downward trend keep continuing, the market is much more difficult to predict than usual so don't do anything at this time, just hold.
So what is does it mean? if the marketcap is failing and bitcoin's value doesnt shows any good improvements? what are we going to call these sudden altcoin pumps? bigplayers are buying cheap coins right now that is why we have experienced some good pumps and green candles in altcoins,which wont last for sure because after these whales has bought cheap coins they are going to dump the market again.