Quote from: Mikaelxiong on August 12, 2018, 05:06:12 AM

Are we going to Saturn or will cryptos reach only the moon?

I think we are looking at a bull future. It is quite obvious that prices always go down a bit before going up. It never goes straight up and up, it draws back a little and shoots high. For that to happen we need to get the losses and drops in order to get the highs. Like Warren Buffet says, be courages when others are afraid and be afraid when others are courages. You need to just be patient and wait for the bull which is around the corner. If you sell or lose your patience in bad markets, you will never stay alive until the bull market days.

Quote from: renes on August 16, 2018, 07:00:02 AM

I think it is not bull trap because it failed because of etf news. But if etf would be acceppted there would still be such crash after some time.

How a crash will be possible if bitcoin etf will get approved ? I believe, if etf will be approved then bitcoin will have values around $25k in one week of trading and there will not be any possibility for crashes till $60k levels. Yes, the funds from the institutions and hedging houses may enable bitcoin to touch the moon.