Last year we had a great run. Despite the downs in the beginning of this year, I still believed that by the starting of October, the will be a good run, but I don't see anything of significant improvement. What do you guys think?
Just because there was a bull run in december last year doesn't mean there will be another bull run this december too. Check out the prices in 2016 december, check out 2015 check out 2014 2013 2012. Was the price low and increase highly in december in all of those years? Or was it just last year? I know most people joined last december when the price went up and everyone got involved with bitcoin knows very little about the history of it but just because it went up last december doesn't mean bitcoin is something that increases every december. It is not like that, it moves when there is a big thing happening and that could be tomorrow or next year none knows.
People have been waiting for Bull Run to start as December dawns and you are of the view it might start in years to come. I am of the view that we cannot assign a specific time for the Bull Run.
Regardless of when the Bull Run starts, the ultimate strategy that an investor can make to maximize the gains in trade and in investment is the holding of the coins. This is the only good way to let the worth of your portfolio grow with the passage of time and the market grows slowly and gradually.