Back when
BTC
was going on a bull run, I thought that 10k was the end of it and it was going to go back down to 6k or something like that but I underestimated greed and went on to 20k for no reason other than the supposed futures contract. Did MT GOX really cause
BTC
to go into a recession for two years or was it simply because the greed had recede back after the huge bull run to a thousand which was uncharted territory at the time. Right now crypto isn't going anywhere until it completes the mountain, until there is no way to part fools from their crypto, until the price is "just right", until sanity comes back and the market sees how much speculation is all there is. I'm still bullish in the long term but for the short term it has to complete the mountain and consolidate and only then is when you go HODL.
BTC
was going on a bull run, I thought that 10k was the end of it and it was going to go back down to 6k or something like that but I underestimated greed and went on to 20k for no reason other than the supposed futures contract. Did MT GOX really cause
BTC
to go into a recession for two years or was it simply because the greed had recede back after the huge bull run to a thousand which was uncharted territory at the time. Right now crypto isn't going anywhere until it completes the mountain, until there is no way to part fools from their crypto, until the price is "just right", until sanity comes back and the market sees how much speculation is all there is. I'm still bullish in the long term but for the short term it has to complete the mountain and consolidate and only then is when you go HODL.