Cryptocurrencies marked shows some good signs of turning bullish now. We are all happy of course! Last week wasn't very pleasant for most of us but now the tides have turned! Time for big money for everyone now!!! Well, not so fast.
Although if you are holding some BTC in your wallet it might feel good to see those green graphs on market. Mcafee comment probably had some ( or a lot ) of influence on that. Hype is back and every one is gonna start buying now.
Hold on for a second!
Haven't we been through it already? Hype pumps market more then any reasonable estimations. The truth is that AUGUST 1 is still coming. In couple of days the tension on market WILL RAISE TREMENDOUSLY and we are going to see some huge swing untill then.
I am very happy that people feel optimistic about future of bitcoin and other cryptocurrencies but lets stop and think for a minute. I think it's just not yet to get on the train. BITCOIN STILL GONNA FALL HARD DURING THIS WEEK. I promise it to you.
I share mr. Mcafee's opinion, but I am not gonna bet my dick on it. The future is bright for bitcoin, but let's not get overexcited. Those kind of emotions can only lead to one thing - huge rises and then down down down.
Thanks for reading and have a nice day!
I agree. After a horrible weekend it appears that Ethereum and Bitcoin are on the rise again, but I'm not trusting it. I expect more drops until August 1. Definitely not buying yet..
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Yep but it might be worth to do some short term scalping right now, if someone is interested in this kind of stuff :D
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I was thinking the exact same thing! Like seriously some people forgot we're probably still going down. The people buying right now more than likely are ready to panic sell and try to chase the next bottom.
I still believe this is a awesome time to buy for long term holding even if the price goes down in the near future. 1 year from now we're gonna wish we had these prices again :)
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Yeah I really love it how sensitive this market is. Anyday something not very relevant can happen to make the prices start going deep down or high up.
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I'm not getting back in till after August 1st. lot more swinging to come over the next week.
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good for you!
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True. Seeing the charts and the news the move is irrational. Unfortunately, people will end up getting burnt.
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