Quote from: SaShiRaJaVu on November 12, 2020, 07:28:08 PM

Quote from: carlisle1 on November 03, 2020, 09:48:38 AM

Maybe in months or year from this point we will see the effect and might bring us Great Pump that we have been waiting for almost 3 years now.

If a market recovers from $3k and quadrupled in a few months i consider it as a huge rally, no other financial asset in the world will give you that much profit in a short period of time considering when the rally started. Even if you entered the bitcoin market at a later part of the rally in 2018 and was holding it for a longer time, it is better to hold for a year further if he had the patience to hold this long it is better to wait for another year and even if you want to book your profit it is possible because the time that took to rally to its all time high valuation was a short window and i really do not think that many invested at its absolute peak.

That's why bitcoin is the best assets right now, because it has the ability to bounce back when people think that it will go down in this pandemic, and in less than a year, we stood at $16k, 5x of the last lowest low we have this because of the effect of covid-19. And we still have a full month of December, no wonder many are getting excited to the idea that we can reach $20k at the end of the year.