Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
kurious
on 17/08/2018, 10:32:16 UTC
The fear in this thread is beautiful. How are you taking advantage of the great crypto crash of 2018?

Not sure how much upside is left shorting, not much I would think.

I'm long.

Yes, it looks like we had a (local) double bottom in the past few days around the 0.13 level.

But of course if Bitcoin is mirroring 2014 / 2015 (as it may be) and decides to dip much further - it's tough to predict what all the alts will do.   My sentiment agrees with yours; that is that in XMR/BTC I think we are unlikely to go lower, in fact I think a little upside is now on the cards.

I think a spike up is due from now /late August into Sept.  Mainly because this time of year has 'history' for Monero.

A really big rise in XMR/USD will need Bitcoin to end its bear market.  I hope this will not need to wait until the next halving, but who knows....