Post
Topic
Board Speculation (Altcoins)
Re: Speculation - Phore (PHR)
by
mikebacker
on 09/08/2018, 21:21:56 UTC
Long story short=Bullish
Thanks for your insights, but today we have -25% Sad
Why is it valued so low then? Only Rank 500-something

In case you have noticed we have been on an 8 month price decline......

Its called a bear market

This is not a situation specific to Phore. Why BTC go down? Why Eth go down? Why xrp go down?

Instead of focusing on the price focus on development, which Phore has continued to do during this entire time. Nearly everything I listed above has been accomplished during the bear market.

To many amateurs in crypto.

This bear market, while expected, is somewhat irrational. We spent most of 2017 in a bull market all while being uncertain about the future of crypto. We have spent all of 2018 in a bear market, while simultaneously seeing some of the most bullish indicators and development in this space to date. ETF's, Institutional interest, Large brokers and exchanges preparing for crypto trading, crypto being added to CPA testing in 2019.... I could go on and on.

Again, be seeking out projects that have strong transparent teams, innovative ideas, and progress regularly with development. Phore exceeds in all of these categories

Development > Price