Post
Topic
Board Speculation
Re: BITCOIN BULL MAY BE IN TROUBLE
by
Quidat
on 16/05/2023, 23:26:38 UTC
According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC
Actually investing in bitcoin is not something you will use all your money but nothing more your spare money, is not good and encouraging using all your generated income to invest in bitcoin  knowing quite well that bitcoin is virtual currency and theirs is every possibilities that bitcoin can rise today and falls tomorrow depending on the conditions of the market determinants, so in the aspect of bullish market I don't think bullish market have a specific time that it occurs, it normally occur when the demands of the market is high and the market will skyrocket, and this can happen to investor when the investor the investor is a kind of long term investor, anyone is running bitcoin investment long term Is people who knows the secret behind bitcoin investment, because many who are bitcoin billionaire's today never be discouraged of investing long term knowing that anytime soon bitcoin will propagate or accelerate in price, so that's while I stipulated initially that bitcoin investment is something you will venture with a spare money some that when the market experiences negative it will not affect the investor that much.
Going all in is never been recommendable and we know that in every investment does have that accompanied risks which it would be normal that you should really be that be mindful on having some limitations on how much you could only be able to put up on crypto investment.Bitcoin does have potential and so as with other top altcoins in the market as of now which you would really be having that
feeling or impression that it is really worth on investing into it, its not bad to have that kind of approach but always be mindful that going all in is never been that recommendable.
Bull run is something that everyone is really that expecting for it to happen which we know that there is that some sort called as a market cycle. We do have a bearish market as of this moment
but on the time that the market would be making some u-turn then this is where bull market would happen. The main question on here, is on when it would happen?