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Topic: January bullrun damaged crypto environment (Read 126 times)

sr. member
Activity: 728
Merit: 251
Good day crypto colleagues

As we are approaching almost 5th month of downtrend bear period, all we see/read around is that people simply reminisce and have nostalgia of December/January artificial bullrun and do compare every movement or analyses to that period.
Which for sure is a mistake.
First, there is no definite regularity that bullruns will be repeated in any case. Nor seasonal, neither based on trend.
Second, that bullrun implemented imaginary skills for a lot of inexperienced traders that they should wait for upcoming and definite bull period and holding everything untill that period - is definitely a guaranteed profit.

To sum up, January bullrun was mostly artificial, as it had no logical continuation and in the end it damaged analyses and trading trends, as most people here think that we will have relapse of such period and it`s inevitable.

While in reality, we are experiencing medium sized, regular growth, based on development of the projects, so that 40X jumps are almost rear nowadays.
To be honest, I do prefer such trend, as quality analyses and smart investing is rewarded proportionally.

Kudos guys.. 
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