Quote from: Slow death on September 27, 2018, 09:43:06 PM

Quote from: wendiar19 on September 26, 2018, 05:44:42 AM

from this data shows that not always the price of bitcoin can be high, there must be a year that makes the price of bitcoin collapse and this year the price movements are almost the same as in 2014-2015 (prices tend to fall).

I do not think we should rely on past prices or past price movements because we can fall into error. for example someone may think that because last year the price went up from $ 1000 to $ 19000 and will happen again this year or other years, and that person will fall into error. For example, last year we had no regulations like this year. two years ago we had no regulations like this year. That's why we should not rely on past prices.

I have always believed in current conditions and I have always discarded the idea of trying to use the past to make future decisions because you may just be lucky at some point, but so many times, I have seen it backfire.

A lot of people have been saying since last year ending came with a huge bull run towards the end of the year, we may likely see the same thing happen again this time around, but really, I would not really expect that much move when the market is in a downtrend, compared to last year, when we were in an uptrend throughout. Easier to call moon last year, but this time around, I am thinking, what we should be calling is bottom.