Post
Topic
Board Altcoin Discussion
Re: Bear market is inevitable
by
Coyster
on 10/12/2021, 12:53:24 UTC
The bull market is fading away bit by bit, I hope people can easily see this already, sit down and do some calculations, BTC was 3800$ in march 2020 and BTC made it up to 68,000$, many altcoins have done 10x to 1000x for example shiba inu, we have seen bull market already just accept it and now bear market will slowly crawl into the space
What you must understand is that there is no way to verify if your analysis is correct, mind you that coins could as well continue to rise well into next year and the bull run will continue, in my opinion, it depends totally on the coin in your possession, I for one believe in the Bitcoin network and thus I firmly believe that even if its price plunges, it'll still rise back up again, thus you can still afford to hold your coins even when the price is falling. Having said that, if you're holding altcoins, and as you know majority of them are pump and dump coins, thus if you're holding such coins, it's much better to sell them when there is a plunge, take your profits and wait for the next pump and dump coin to invest in, if you hold for too long, I'm afraid chances are high you'll be left with zero profit.