Why cryptomarket needs stress. All the time.

in #bitcoin6 years ago

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You might here that terms like FOMO, Bearish, Bulls etc and all of that have it own place in cryptomarket. Why? let me tell you! You saw that Bitcoin reached 20.000$ on December 2017, when people started learning about crypto, how that 'thing' works, how exactly we can get profit from that - and main question do that worth it? In Google's trends got high position words like "cruptocurrencies", "altcoins", "bitcoin" etc. "Bitcoin" has 1 place in google search and people feels like FOMO(fears of missed opportunity). They started to buy and buy cryptos every day, which pushed BTC price up to 20k, which was the last ATH (all the time high) for Bitcoin. But then, after this overhyped - interest went down, and all cryptomarket capitalization reached new stress position on March 2018, where BTC price was 5000$, and all of the new weak Bitcoin's followers keep telling that - "Oh, no, that coin is the main bubble on Earth, I'am out!". And you know guys what - this uncertainty is on the cryptomarket all the time, that why when some bigger mass of Bitcoin's adopts is trust in - they pushing BTC price up, and when market is going to correction zone we can see new resistance beetwen "Bears" and "Bulls". And when "Bears" just keep telling to market that this car ain't go anywhere - market falling! That's like things works in cryptomarket all the time, and we are just need keep talking about cryptocurrencies and when more mass of users will trust in this - we will see huge "bull run" for Bitcoin's price! But then will be correction which calling for "Bears" to come in and market will fall - again, again, and again. That is like we can interpret market condition. Please understand that cryptomarket has more adopts in mass then any other stock exchange, because any human can simply buy crypto and start trading just for a few mins after registration on the large numbers of exchanges in the world! And that is awesome! Government don't like you to be fully free and that's why they trying to hold back cryptos and trying to regulate this "thing". But we will win. Just imagine how many people on the Earth will buy their first crypto by the end of this year. New ATH for Bitcoin in this year is just a matter of time.

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