Quote from: Haunebu on July 23, 2018, 04:59:10 PM

Quote from: ummart66 on July 23, 2018, 03:17:36 PM

It's still way too early to say that the bear season is over. In early may BTC spiked back up to over 9,000, but then dropped rapidly back to almost 6,000.

I'm definitely hopeful that the bear season is over, and that the majority of people are done selling, but I am still very cautious. It could be possible that the people who managed to buy in under 7,000 may be wanting to sell off soon to take their profits. Or negative news may cause the price to drop again. Nobody knows for sure.

I agree completely. Its way too early to state that the bear market is over. It is obviously great to see Bitcoin rising in value, but it can fall back down just as easily just like it did earlier this year. I feel that the bear market would properly conclude when Bitcoin rises above $10k which could trigger a big bull run just like last year which is why I suggest HODLING all your coins and tokens at the moment.

I too go by the same principle. While its great seeing the value of BTC rise, I'm not sure if this is the trend to bull run but HODLing is the best thing we can do right now.

Note - If you are holding altcoins, you might want to sell as soon as possible. As bitcoin dominance increases, the market will be increasingly punishing to altcoins and they'll struggle to regain the lost ground.