Post
Topic
Board Speculation
Re: Price fluctuations - Opportunity or despair?
by
timerland
on 06/10/2019, 05:16:53 UTC
How do we term this phase of crypto currency wherein all the altcoins are bleeding including the mighty Ethereum but Bitcoin is trending strange wherein when we expect no recovery it's pumping up (short-lived) and then we witness falls and these falls are not quick they fall gradually and then raise gradually as well which has led to frequent price fluctuations. are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?
Altcoins are super weird right now, in recent years we've seen BTC and altcoins rise together (remember the time period where ICO's where booming), but then in recent years, it's almost been like the opposite, where ICO's have almost died and instead people are only buying BTC when altcoins like ETH slowly drop in price, and haven't been positive in a long time.

this can be a golden opportunity to look for profits that you can get, from the rising and falling movements of cryptocurrency prices as they are suitable for use, follow the flow if falling prices can be bought and when prices rise you can sell it to attract profits.
It depends, most coins right now are just on a downwards trend and it's pretty hard to profit when every coin is going down, only a small amount of coins are positive, and BTC, but that's pretty hard.