Im curious as to why many people "hope" for a bull run? How is this bull run gunna happen if everyone is hoping for a bull run.
I essentially think the mega run was last year, why would any new money come into it after what happened last year? People saw the rise and the crazy fall and loss it does. No one is in it for technology its all about wanting to get rich. I don't see how people think a bull run is coming..
Care to help me understand how you think this?
All i see in crypto is PURE speculation and everyone will agree with ANYTHING that helps them secure there beliefs in there own investment.
This is how assets market operate. After the bull run we should expect some corrections that do push the market backwards. In 2017 many investors, invest into cryptocurrencies market because of the hope and what the future hold and that is the most important! The market cycle is what we can not do without and like a saying goes " whatever go up must come down" since bitcoin and the overall general market is down now we should expect another bullish trend very soon.
Money is going to flow from the both money market and capital market into cryptocurrencies market as investors are seeing it as the alternative to stock market now.
Expectations always come at the right time and when bullish will come don't be over excited but remain calm. Don't rush out on your holdings and have strong faith with crypto. This is one way of showing gratitude with your holdings, and yet be decisive on most certain cases that will affect your way of protecting a precious asset.