Post
Topic
Board Bitcoin Discussion
Re: I Am Emotional after seeing this Rally
by
Spectr Max
on 25/11/2020, 13:55:41 UTC
And full of sorrow when it falls Cheesy
Whatever goes-up so quickly, will fall so badly.
Hopefully, not the case for bitcoin. We always want a mature market, less volatile, and more adopters.
$19k is just a beginning before the real Bull-run in 2021 when more investors recognize bitcoin as a digital gold as a reserve asset.
And that what exactly happened way back in 2017. Bitcoin grows at a fast rate that is why for the next year it goes down drastically, but I don't think today's bull run will not be the same because the growth seems strong and mature compared we had before. Bitcoin before was more likely affected because of the FOMO while today's was because of the institutional investment. I also believe that we're only in just the beginning and today's bull run could be more.

I agree! What happened in 2017 is radically different from the current situation! It seems to me that the phrase matured growth is very correct and appropriate! The rollback will undoubtedly be, but small and not for long! But buying now is still dangerous!