Quote from: PaulLines on October 15, 2018, 11:35:41 AM

Quote from: Kemarit on October 09, 2018, 03:47:48 AM

Quote from: maarx on October 07, 2018, 06:33:42 AM

We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.

My thought is that bitcoin really bubbled during December 2017 and we all know that those parabolic rise we saw is not going to be sustainable so eventually it crashed and we even witnessed it bottom at around $5800. Well right now we can call it stabilizing around the $6000-$6500 which is a good indication that at least the crash has halted and its time to wait for another break out run. We should now look at 2019 because I don't think that we can see another big leap in the price at the end of the year.

Slow and steady wins the race; it is perfect here in this market. We have already seen the consequences of abrupt growth which ended in collapsed and downed thousands of investors. I think that slow and steady growth is long lasting and the investors will be happy with slow growth especially bitcoin traders. When the price moves up every day, they can also make good profit every day.

Slow and steady wins the race. It is natural that slow growth is forever and sudden growth is always not according to usual things. When you try to climb in hurry, there are many chances that you collapse but if you climb gradually and carefully no chance for collapsing. The same is here in crypto market. If a price rise with rocket speed, it will collapse like rocket.

nitammys

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