Post
Topic
Board Economics
Re: Richest people getting ready for economic crash
by
CryptopreneurBrainboss
on 18/02/2021, 04:45:19 UTC
Becouse when alot middle class and poor people start buying it means crash is near.

Although the market crash is inevitable but don't think it'll be happening anything soon. The market is too bullish for a crash to come spoil everything now. The bull season would probably last untill early next year or at least the end of the year before any bearish market becomes a trend. We're yet to see the best of Institutional investors pouring their funds into the industry. There would be some corrections there and here but that doesn't mean we'll be bearish.

Few days ago there was a correction but the market recovered very fast and now we're trading above the $50k mark that was looking very challenging to cross. Corrections like this will occur to build momentum for next milestone to be be crossed until probably the $100k milestone is crossed.

What you should be cautious of right now are the corrections, don't fall victim to the tricks the institutional investors would be trying to pour off. They'll want to buy cheap found as they'll try manipulating the market but you can't avoid this by not paying attention to the market but just been a hodler.