I know this is a crazy stretch, but what if we aren't in a long term bear market like many think, and we have one more parabolic move up before a long term (6m-1yr) bear market?
feel free to hate on it and call me an idiot :D
Note: This is not financial advice at the slightest
There will be no bear market fro BTC this year. There will violent parabolic impulse moves followed by significant retracements; but BTC will end the year between $50,000 and $100,000.
TheGush
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@Pinarello1967, if this is true, then we stand to profit big if we can sell the tips and rebuy the dips. I’m expecting significant volatility as well, and I’m preparing my mind for this. My best accomplishment in crypto this last year was learning to control my emotions and exercise patience. I’m actually glad I’ve been through the “crashes” this past year. For those of us with that experience, we will have greater control in the coming year. It takes lack of emotion and patience to really get ahead in volatile markets like these. Those who can maintain composure and make logical decisions (rather than emotional) will enjoy great profit in 2018.
kevincantone4
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@TheGush, yes i agree, regardless of bear or bull market, the volatility will increase drastically. i happy that i got some positive comments for this, i figured i would have been met by hate haha
CryptoTaxAttorney
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@TheGush, I could not have said it better. You are spot on.