#Cryptostings #4 - prices leap and perspective of a new bubble

in #crypto7 years ago

#Cryptostings #4 - prices leap and perspective of a new bubble

Skyrocket goes the ratings

After a wave of uncertainties, the currencies finally stopped their so scary drop and begins to rise. A wave of optmism finally hit the market and now it's a good time to watch the curves and wait - or not - for the best time to sell your hard earned coins.

This came after governments and banks shifted their stance on the cryptomarket, softening up their speech regarding regulations and possible crack downs on the cryptos, although specialists insist that this is a dangerous market, where this money isn't backed by anything (I'll have a gigantic text posted soon about a theory of mine on why this is false). These news are highly contrastant with last year's pessimistic panorama, where currencies faced huge losses in Q3 2017.

Time to make a decision

Shall we wait for further rises and sell tomorrow or sell now and be happy? The cryptomarket is extremely volatile and this is no unknown thing to anyone. If you believe that the next day is gonna be better, then wait. The global trend is for a rise in the cryptocurrencies, since there's a steady rise curve. But the risk of a said "bubble" still exists. Be cautious and keep an eye for news regarding the cryptomarket regulations and use tools like Trading View. This is an interesting way to anticipate how the would respond to such things and make your judgement on actual data rather than just "feelings". It's the time to have faith, yes, but not to believe in miracles. Be prepared!

--

Who am I?
Just a regular person looking to make the world a better place. Steemit is home! Steemit is life!

@illyab - Keep in touch to get more content and steem on!

Care to support my blog? Be my guest!

  • Bitcoin: 1B48S599t4fRmRBDFraYru4FoyQm6Y73HJ
  • Litecoin: LNQTehM7FwDBApoR6xFJg45EvZwL4wPuHP
  • BCash: 13sgjgRQUi4heroqt7N7BoNY4F2gPn1SaX
  • Ethereum: 0xa1749CC657950704Ece7A7fFB197108Fe5397eC9

Steemit: https://steemit.com/@illyab