Post
Topic
Board Economics
Re: Where the correction ?
by
jostorres
on 09/04/2021, 18:51:29 UTC
You think that it is a fake bull?. I don't think it is since the price of bitcoin is currently as it is right now and I don't see any problem with the price of bitcoin to decrease or increase a bit but if it will decrease too much then it is more likely a  fake bull but in this case the price did increase and stayed for a while. Try to set a stop loss.
Bitcoin is doing fine, but look at altcoins, those are the ones that show what type of bull we are in right now. BNB even reached the all time high of 440+ dollars and thats crazy, this was the coin that was 10-20 dollars last year. Which is why I think we are doing awesome, we were literally half of this last month when it skyrocketed, think about it, a coin increases nearly 10x in a month, and a month later it doubles on top of that.

This is why I think we are going to be doing great, there is not going to be any type of problem with this. I am not saying that we will continue down this path forever, but all I am saying is that we are doing fine for now, it is not a fake bull and it is going super strong. If anyone is doubting the power and the price of crypto currencies, they should just take their money out and leave, saying they don't trust it and still having money in makes no sense.