I still don't understand why people are so worried about bitcoin present condition, new cryptocurrency investors are the ones getting everything wrongly. After months of living in worries i desperately want to understand how crypto works ,while using coinmarket cap I came to understand that Bullrun and bear run will always come around ,from 2009 to 2017 graph clears all my doubts as many bullrun has been in existence since day 1, 2017 was the highest ,what will be next ? 20k ? 30k or double of that ? We all need to chill and relax ,this days will always find their way back in time .Do your research ,past histories have all your answers
Bull and bear runs will not always come. That is fantasy talk. Eventually the market will cease to be relevant and people will no longer invest in it and therefore there will be no more bullish runs.
I strongly believe we have not reached that point yet but I just want you to be aware that relying solely on history will lead you to ruin.
Lol. I don't agree with you at all. It is true that it is not wise to depend on the past to predict the future, but the information from the past is always helpful while preparing to invest for the future.
This is why it is never wise to forget the past, but instead it is best to learn from the past to prosper in the future. Don't depend on charts or any sort of analysis since that sort of stuff rarely helps in this extremely volatile market.
This is not about predictions based on past histories but market always move in this way only, there is a bull run, there is bear run and there is a sideways trend, any financial market does not get to zero level ever and same will be the case with cryptocurrency market as well.
Panic is being created in the name of regulations now, many countries have denied legalization of cryptocurrencies but world does not end here, many countries and big companies have given recognition to cryptos, be patient there will recovery in the crypto market.