Post
Topic
Board Speculation
Re: are we going to have "fear" months?
by
jaberwock
on 20/01/2022, 21:39:27 UTC
one one hand we have Omicron and the mark that it is leaving on the world economy.
on the other hand we have the bitcoin price failing to stay above $50k and all the FUD that came after that.

i can't predict the impact of all this on the price since the current $41k is already way below what the actual price should be, but i can expect a month or two of "fear" where people are scared of buying bitcoin and eventually start hoping for a drop so that they can buy more (something like what we saw during $30k period in the middle of 2021).
We "had" fear months, these were the fear months and we had them already. If you are still not sure about what's going on then you are not aware of the current climate. We had very bad falls and that was bad and that's it, we do not need to have anything else on top of this to call it a fear month.

Now I believe the future holds better results for us, we should be doing fine and we should be just focusing on making as much profit as we can, that's it. If it was a good month and prices went up then I would be worried about another increase, but since we had a decrease, then stagnant, then another decrease all back to back that usually means we should be going up soon.