G'day Steemians!
So I've dug out the data of price movement for Bitcoin and other top Alt Coins for the last 4 years starting from 2013! It's from the months of June-Aug in different years. And as you'll see in the screenshots below the Bitcoin market has been lets say Up(2013) as we don't have the 2012 data, down(2014), Up(2015), Down(2016), Up(2017). So will this pattern continue in 2018? Would that mean it'll be down in 2018? Should we all get our money out by June 2018? I'll leave the interpretation to you guys. Please let me know in the comments what your plan will be for next year with regards to your investment in the crypto market.
I just wish I had bought some bitcoin in 2013 😓
Year 2013
Year 2014
Year 2015
Year 2016
Year 2017
I'm a big believer of Buy and HODL, so this trend is not going to bother me much! But others can really make some big money out of this up down trajectory.
Steem On
What do you think will happen to the price after the fork?
Hey @davidmccauley, sorry dude it took a few days to reply. You can find your answers here:
https://steemit.com/bitcoin/@cryptodog/bitcoin-holders-you-need-to-read-this-your-holdings-could-decimate-very-quickly-if-you-re-not-careful
https://steemit.com/bitcoin/@cryptodog/part-2-bitcoin-holders-you-need-to-read-this-your-holdings-could-decimate-very-quickly-if-you-re-not-careful
Who knows?? It could follow this pattern but again it could go upward...Wish we knew now ...Not for the faint of heart😊
Yeah true, nobody can predict the crypto prices with certainty for sure @suziescorner!
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