You are viewing a single comment's thread from:

RE: Why I Doubled Up My STEEM POWER in the Current Bitcoin Crisis

in #cryptocurrency8 years ago

That's a spot on assessment as far as I'm concerned and I think there will be a large dump that the hacker can use to re-enter a large position and then unload again slower thereby doubling or nearly doubling his take. In fact, I think the cycle could persist which is good for traders, but terrible for those imagining a stable/ever rising BTC valuation.

Sort:  

You may well be right. Thing is everybody was expecting plain sailing after the halving. Seems it never really happens in crypto.