Quote from: bettercrypto on May 03, 2018, 11:47:15 PM

Quote from: MarioSPGroup on May 03, 2018, 03:11:52 PM

Many new people joined crypto at the last bull run. Many even invested when the price of bitcoin and altcoins were at the spike. Suddenly in january all prices fell and many people lost alot of money but some got really rich (those who cashed out).
I think that people start to gain trust in the market again and money (also new money) is starting to flood crypto again. Soon when Media starts to advertise for bitcoin again, I guess it will start after bitcoin passes the 10k again.
You all should keep in mind: What goes up really fast, goes down also really fast.

Peace.

"History repeat itself"
I think that the scenario during January 2017 crashed will happen again. But this time, many people will trap in the bull run. A lot of false information are spread that bitcoin will move from $25000 and there is a possibility that people will buy during halfway of the price. For sure, if it will happen, many people will scare to invest in bitcoin again. Hopefully, this new pump will differ from what happened before.

Overall I think the market have started to show some signs of maturity and even the governments, who have always been the harbingers of bad news in cryptoworld, are now better informed about cryptocurrencies and have actually started loosening up. At that, I won't be surprised if the present ATH is broken and even in the event of a market reversal, I think awareness have increased by far and incidence of FOMO and FUD, I reckon would no longer be as pronounced as before.