Post
Topic
Board Speculation
Re: December for moon
by
CyberKuro
on 03/12/2020, 09:57:07 UTC
Yes we need to be more focussed on our plans for buying and selling as it's quite evident that Bitcoin is marching towards $25k and it's achievable by the end of this month or midway but we need to ensure we don't invest at peak as it would eb a suicidal move wherein our money can be locked for years if flash dip occurs. Those who had invested in 2017 December at peak most of them had to settle for lesser amount in return due to panic selling and bearish market but the long term investors had to wait for 3 years just to withdraw their invested amount. It's better we do a market study considering 2017 bull run and 2018 bearish market into consideration before jumping in middle.

Bitcoin easily increases $2000-$3000 within days in early November, it happened twice last month and corrected from $19,5k to $16,3k in just 1 day. Bitcoin starts this month with $19k although there are some retractions to $18k, it still manages to stay above $19k repeatedly. Bitcoin may reach $25k this month if investors willing to buy at this entry point, only whales can move the market towards a new peak, and many people have been wait for the same occasion to sell bitcoin.