Post
Topic
Board Speculation (Altcoins)
Re: What did you suggest about the market?
by
Cnut237
on 27/09/2018, 07:41:17 UTC
Hy all

I want to ask for you opinion about the Market, but could this month be the best month for market come up fully?
Secondly I want to invest but still afraid of the Market. Please suggest me best way to do now.


As others have said you need to decide for yourself, but the one piece of advice I have is to look at the long-term charts. If you just look at the charts for the last few weeks, that doesn't tell you much. But if you look at the charts for the last 12 months, particularly the chart for total crypto marketcap, then you will se the pattern. It is even more evident if you look at the bitcoin price chart for 12 months.
You will see that after the huge rise at the start of the year we have had a series of falls and then partial recoveries. Even fall and each recovery is smaller than the last.
The question is where do we go next given this pattern. I think that we are establishing a new base point, and once this is firmly established we will see the markets rise again.
This is just my perspective though, and crypto price moves are notoriously hard to judge.