Post
Topic
Board Speculation
Re: Total Marketcap is rising, start of bullish market?
by
Denker
on 20/04/2018, 08:03:44 UTC
I can see now that total marketcap started to go up since lastweek, maybe an indication of bullish market for crypto,.
we really just have to hold and believe, Patience is the key of success. Smiley  those who are still holding even 70% loss is the true warrior in market., you cant win unless we fight,, Smiley

Just because the market cap went up $50billion the last 7 days doesn't mean we have seen or will see a trend reversal. Market is still bearish!!
And as long we are not back above 12k-14k I see no reason to get excited. Sorry to be the party pooper, but that's how I see things when I look at the chart.
In terms of your holding statement I would like to make a slightly differentiation here.
Holding Bitcoin through those times is ok. Everyone a few years in the crypto space knows why holding Bitcoin for a long term makes sense. However holding altcoins is just crazy and irresponsible. They are good for trading and to make more BTC, but that's it. Every crypto og trader will admit when he is honest to you.
So holding one thing is not the same as holding other things!