Post
Topic
Board Trading Discussion
Re: Panic of traders
by
hubballi
on 11/11/2018, 21:38:45 UTC
This bear market is useful for the whole crypto. If the bull run of 2017 would have proceeded this year, crypto would have been destroyed by now. This bearish market is boring and discouraging of course, but absolutely necessary to calm down the madness around crypto.

if bullrun continues it will also destroy existing sentiments. it is true that this year is demanded to tend to be stable with a significant price decline. But if there is no increase at all, there will be a lot of panic which will destroy the price. There must be a solution for this.

The traders and investors are wise now and they are not going for panic selling in the market like before, you can see that the price is moving in range bound as most of the investors holding the coin and traders are booking profit in small margin and trading in small range of profit. Hope that in 2019, when the consolidation period will end then we can see a good pull back in price