Hi
Been wondering how to tell we have reached the crypto bottom? have we already bottomed out(I personally don't think so im not sure). If we look at the current world financial system - it looks dire. surely this will all have a impact on people investing in crypto and when funds are short, may even withdraw their investment.
Personally, because of the state of the financial system, I cannot see how crypto can become bullish as long as the world economy doesn't show signs of a recovery . I could be wrong though ?
what are your thoughts on this? Is a further crash on the horizon?
No one can tell if we have reached the bottom or not yet, but we can always start to build our wealth with this consistent price decline. Don't wait for the bottom price, as through DCA we can still maximize our purchase and just buy every time the price drops. Although there will be more profits to gain in the future if we can buy at its bottom, but sadly none of us assures as to what could be its bottom price this year.