Post
Topic
Board Speculation (Altcoins)
Re: Market is GREEN - Do you trust it
by
bavicrypto
on 14/09/2018, 04:23:02 UTC
I’m still not confident and I still don’t trust the market going green today. It is just one day down and it happened a while ago too that the market was all green and the next few days dropped its price back down again. But I do hope this’ll be the very lowest price it will ever swim down because if Bitcoin drops down again and would reach $4-5k I think they will loose a lot of investors and won’t trust Bitcoin anymore. And obviously the market will suffer again, which is what I am not looking forward to this year.

I agree mostly, It seems to me like this is just one out of the sooo many deadcat bounces that we've seen already. Anyways, we will probably keep thinking that untill there's enough proof of the real bull market returning. Anyhow I do think that IF bitcoin would ever drop to 3-5kusd again, a lot of people will jump in again to grab some cheap bitcoins.