Are you leaving the market?
Because it’s at levels of… 2 months ago? No
Lumo
May 19, 2021, 7:05pm
3
Hi guys,
(Social) Media seems to be trying to convince us that this time is different, crypto now has a lot of utilities, smart contracts, NFTs, corporate holders, blablabla, but the fact is that once someone fires the shot, I think everyone will run to the door, because, like me, probs 99% of the people buying are only looking for a quick profit and not really benefiting from the value the coin/token might provide.
Do you think this bubble will burst just like in late 2017, or that we will ke…
no, because it broke the support of 2 months ago and is on the way to the support of 4 months ago and who knows where after that
There’s recent history of market crashes where it feel much lower than „levels two months ago“.
Oliv
May 19, 2021, 7:45pm
5
When in doubt, zoom out:
I know it is scary and painful, but unless you put your money on Doge and Co. Instead of btc and eth, you should be fine.
2 Likes
Please, we already have too many threads.
Hoi Ladies & Gents,
Do you buy any cryptocurrencies? Or do you do any other alternative investments?
PS. If you planning to buy some crypto, it seems that now is a good moment:
Sounds plausible enough, and the pessimist in me definitely agrees. Let’s hope I’m wrong!
I don’t know… I certainly don’t see BTC staying around for the next two decades because it has substantial flaws in its protocol (see next paragraph). As for other crypto I don’t really see it happening because a) I doubt people in power will want to give up the possibilities fiscal policy allows for and b) the natural way of crypto is ‘screw up and there’s no going back’ might is too scary for many peop…
Hi guys,
(Social) Media seems to be trying to convince us that this time is different, crypto now has a lot of utilities, smart contracts, NFTs, corporate holders, blablabla, but the fact is that once someone fires the shot, I think everyone will run to the door, because, like me, probs 99% of the people buying are only looking for a quick profit and not really benefiting from the value the coin/token might provide.
Do you think this bubble will burst just like in late 2017, or that we will ke…
6 Likes
