Post
Topic
Board Speculation (Altcoins)
Re: Is market on the BOTTOM NOW?
by
Killrbit
on 14/07/2018, 13:47:06 UTC
Please tell me, its getting on my nerves already. I lost 40% lately on stupid moves and i need to recover. Is it safe to invest back in alts now. What can we expect in next 1-2 months. Anybody has a glass ball? I see green candles today. Can it be next bull trap or the market is recovering now?

Well i think it is better to be cautious right now. I feel markets are still firmly in a bear trend and i dont think that is about to change anytime soon. I think yes we will most likely see small rallies here and there, but i dont think that signals any shift in the trend right now. Personally after the massive rally that we had in 2017 i dont think we can expect another bull run anytime soon. Perhaps in 2020 after the next reduction in mining reward.