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It took Bitcoin 40+ months to reach its All-Time-High levels of 2013 after it bottomed. The recent past has been reminiscent of the 2013-2015 bear. So that brings me to the question, "what if this is a bear market and not a correction? Are You going to hodl?"
Let's put all this in perspective should this be a bear market that is similar to the 2013-2015 market. The market bottom would not occur until late January - early February, 2019.
Past performance shows that the market traded sideways for a long time. Bottom may have occurred in January, 2015, but it was, what, 2.5+ years before $1,163.00 was crossed again? Are You willing to wait? I'm not saying that this is the case. It's just something one has to consider. Are you going to hodl if that's the case? Do you believe strongly enough in bitcoin or are You out just to make a quick buck?
Hodl all the way. Anyone who understands the underlying technology and what it can bring to society would not sell in this market. That is unless they do understand but still just want to make a quick buck ;)
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i.e. build a wall and plan for the haul....;+0
Peace.
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😑
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quick buck.
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😔
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