Post
Topic
Board Speculation
Re: Seems like the bullrun is over this year!
by
Twinkledoe
on 04/12/2020, 08:37:06 UTC
3 days ago yet the market is tumbling.
Bitcoin is not supposed to go up every single day of the year! This is not some pump and dump shitcoin that is here to give people quick profit before it dies again. Adoption and rallies take time, they can't happen over night.
Over the past 30 days price has gone up 42%, what else do you expect?

Of course, you are right but I remember what happened in December 2017 just like yesterday.

The reason why I'm asking is that, most people cash out in December and that may cause a major market crash.

We are just starting the month of Dec and looking at the btc price, still good to me. We are at 19400 level and been long time that we had seen this price. How much are you expecting by now? Maybe you can sell your btc intermittently if the price is above your buying price. Don't expect that you will get huge profit by mere days of holding.