Post
Topic
Board Trading Discussion
Re: The Bear may be good for us
by
shone08
on 17/04/2018, 13:25:55 UTC
A brief bear market is good for small investors to participate in crypto and we can buy crypto for cheaper price, but a very long bear market will decrease the trust from investors and people will become hesitate to buy again, I think there should be a balance between bull and bear market to make crypto a healthy investment, the range and the gap also mustn't be too far

Exactly right we need a bear market to buy a good amount of bitcoin in a discount price if you see the chart of bitcoin it hit $20k then down to $17k and continue falling down until the price touch $6k meaning all people that waiting for a right time are now buying bitcoin and holding in ther safe wallet.