Post
Topic
Board Altcoin Discussion
Re: Its a bull trap now
by
sana54210
on 07/03/2021, 18:46:13 UTC
I have gone a small research and grab some points and conclusions.

Now the market is extremely volatile and extra hype. So what ever the hypes now are temporary , bear market sure will come in next days.

If you have fresh investments , do not invest now. wait for 2-4 weeks lets see.  November to now almost 4 months came bull market without major bear signals. now pop out some signals. So now bulls are temporary. Please keep your hard earned money for weeks.
Why do people fear the increased prices, why do people think that whenever price is high it means that it has to drop? The fact is that the price doesn't need to drop at all, well surely it will drop one day but it doesn't need to drop right now and it doesn't need to drop 80% neither, it is something that we can actually prevent with all these new cash injections into crypto right now.

This is why I think it is obvious that we are not going to end up with any big drops and I feel like anyone who is afraid of a trap is just a person who declines the fact that people made a profit from holding bitcoin and they are jealous of those people who made this much money and they are creating possibilities out of nothing just to tell people that eventually they will lose money, otherwise there is really nothing that would be so radical about an increase.