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RE: Market Watch: Thin Ice!

in LeoFinance4 years ago

If the four-year cycle vanishes, the crypto market will become very dangerous to invest in. Because the prices are normally based on absolutely nothing but speculation, the only way to make any money is to buy some shitcoin at a rock bottom price and hope shills are successful at getting dumb money to pump it.

If the four-year cycles disappears from BTC, there is no way of knowing whether it is cheap or not.

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Well I think the 4 year cycle will continue for bitcoin. But other coins might decouple from that cycle. I don't know if it will become necessarily dangerous; perhaps people would finally just have to use their minds and think which cryptos actually have true potential. I would rather welcome that.