Post
Topic
Board Speculation (Altcoins)
Re: Why red again. It should slowly turn green
by
styca
on 03/06/2018, 07:02:59 UTC

a lot of people wrote in the beginning of may it will be a good month. now the end of may and everything is red again. From which month can we expect a week of green?

The answer is that no-one knows for sure. Crypto is unpredictable, and the shorter the time-frame you use, the more unpredictable it is. Long-term we can expect prices to rise. Short-term however, who knows? There are many bumps along the road, but long-term the trend is steadily upwards. There is no reason for concern. Even the huge price drop earlier this year forms part of the overall upwards pattern - just look at the charts over a longer time period, say one year.