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RE: Bitcoin & Crypto Markets Dive Bomb | GREAT Opportunity!

in #bitcoin7 years ago

You are correct in terms of fundamental analysis, however, you are missing one key factor that differentiates this market from traditional stock/forex markets as you mentioned in your experience. There is ample exuberance in this market as proven time and time again. Just as you think it is about to end, a bullish run hits your right where you least expect it (I got burned when the market "crashed" from 11k-9k as I, just like you was expecting the same thing). Be careful my friend, this isn't your typical market.

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Thanks, but I am no longer a trader. Too many hours sitting watching screens, eating badly caused me some health issues. I buy and hold, occasionally skimming gains these days. All my money in cryptos now is profit, no original capital.

Great to hear. Congratulations!