Meh, bullrun is still on until proven otherwise. 20%, 30% pullbacks have been commonplace in previous bullruns. Zoom out the charts if you don't see the forest for the trees and continue the day.
Posted Using LeoFinance Beta
Meh, bullrun is still on until proven otherwise. 20%, 30% pullbacks have been commonplace in previous bullruns. Zoom out the charts if you don't see the forest for the trees and continue the day.
Posted Using LeoFinance Beta
Yeah, I mentioned in my previous post that I still think Bitcoin has a big surge yet to come in this cycle. So I am not worried. But I would be if I had taken on significant loans or silly risk just the day before🤷.
Pretty sure we're going long into 2022 until we reach the market peak. Bitcoin and crypto in general has gained more weight, thus cycles have been getting longer and with diminishing returns. Bitcoin hasn't reached the 100k mark as quickly as people anticipated, because diminishing returns haven't been taken into account. The market simply doesn't move as quickly anymore as in 2013 or 2017.
Yeah, that guy who took more loan to buy into Bitcoin... He's gonna feel it in his stomach even if he's confident Bitcoin will go up 😅 Hopefully he takes profits early enough before bear market starts.