Hello, what do you think will happen in august ? Now is it a good time time to buy, I have some altcoin like exrnchain, eos, litecoin I think this will boom in august, what do you think ?
Hopefully mate, but in reality it's hard to expect. We all know how unpredictable is cryptocurrency specially bitcoin, because of its very high volatility of its market that can cause of the dump and rise of its price in just a few moments. But i'm still thinking positive about bitcoin and i don't lose hope with it, because i really believe on its ability to create a greater value in the future. And hopefully you too.
Even were now af dumping price particular with bitcoin, I am still hoping that one day we will be able to recover the loss we had. If the bearish will continue to happen this August, probably same situation might occur with the price value. Volatility of the price might become so intense that the traders will always grab with certain cases with the price to pump temporarily, then its dumped immediately after it could gain small percentage of increase.