Quote from: meldrio1 on March 15, 2021, 02:07:34 PM

Quote from: MCcryptonia on March 02, 2021, 06:45:29 PM

Bitcoin and other altcoins are recovering fast after the correction since three days now, is this a good time to still buy few altcoins or this bullish trend is a hidden trap door to bear market?

In my opinion it is very risky now to invest because bitcoin and altcoins were reached the all time high, it's not good idea to invest. I don't think if we can see the bullish market again, they are all quite high now so the market will collapse anytime but still it's up to you what's your decision, this is just my opinion..

By this logic when it was 21k that was ATH price, should you stay away from it? When it was 30k that was ATH as well, should you stay away from it? When it was 40k that was ATH as well, same question? Long story short when people end up buying from ATH, there is no guarantee that it will not be going up any further, if that was a thing we wouldn't have been here, we are 3x higher than the last ATH we had in 2017, which proves that we are in a big rush and making a decent profit. That is why I think it is quite important that we end up realizing how much higher it can go as well.

I do not think that we will stop anywhere under 100k during this bull run, maybe in the future when bear comes the price will go down under 100k later, but first we are going to break over that 100k price before we end up going down. That is why buying right now is still a good decision.