When is the next attractive time to buy for crypto...

in bitcoin •  7 years ago  (edited)

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The time to get in the crypto field will be after the boom hype. When most speculators will be trading for profit at $10,000 the contrarians will be waiting to buy the massive dip. The dip could get to a point of 40% loss from the peak. During this time all other cryptos will have a pull back because most of the cryptocurrency market is correlated. The anomaly in this circumstance is Bitcoin cash. I believe bitcoin cash can gain a good amount of market share like it did during the fall of bitcoin 15 days ago.

Contrarian-investment-strategy.jpg

This market has a massive amount of volatility so dont count out the possibility of bitcoin falling for slight period of time.

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