Are you one of those who think that BITCOIN will not rise this year?
Some may think like that because of it's performance. But according to experts and analysts, BITCOIN is not for the weak hands.
If you do crypto as a source of living then this is not the best place for you, but if you are here because you believe that BITCOIN is a revolutionary kind of money then you're on the right track... You know bitcoin will rise ;-)
Those who placed under the effect 2017 hype are one of those peepz who will think of that
(definitely new to cryptos). Since they used to experienced price increase the whole year of 2017, they can't take much the market trend happened this year and in the end they will just speculate that no more rise will happened this year. They didn't understand the volatility of bitcoin since their mindset is to think that bitcoin will continously goes up without any price decrease on the way.
Didn't they know that the bearish trend happened this year quite have a positive effect. People now understand that the price trend to new ATH is purely just a hype without any strong support. If does then we should sit at above $10,000 by now even with those negative news on the way. Also some people now purely understand the term volatility and fluctuation helping them to know more about the risk of putting money on crypto.
If price rise while happened this year or not, doesn't matter to me. Just go with the flow.