Yes, ofcourse it is a bear market but for how long?
High interest about crypto from basicaly everyone shorten the cycle. It is not 4 years cycle anymore.
2018 the price dropped 85% from ATH leaving us around 3,2k. If we should count last high as the end of the cycle and think about the same corection of 85% then it would leave us with 9,6k bottom. Why this wont happen? As I said above the interest about crypto is way too high.
From my latest idea I stayed in stable coins and I would love to buy in around 25k. Not BTC though. I never was a fan of BTC - its old, slow, high fees. I like LTC but even LTC is not that great and if BTC will lose popularity then LTC too. Some DeFi projects are the future of crypto curency.
|||Not the financial advise|||
Cheers
High interest about crypto from basicaly everyone shorten the cycle. It is not 4 years cycle anymore.
2018 the price dropped 85% from ATH leaving us around 3,2k. If we should count last high as the end of the cycle and think about the same corection of 85% then it would leave us with 9,6k bottom. Why this wont happen? As I said above the interest about crypto is way too high.
From my latest idea I stayed in stable coins and I would love to buy in around 25k. Not BTC though. I never was a fan of BTC - its old, slow, high fees. I like LTC but even LTC is not that great and if BTC will lose popularity then LTC too. Some DeFi projects are the future of crypto curency.
|||Not the financial advise|||
Cheers
