Boom of Bitcoin and other coins today - 12-10-2017
Hello everybody,
Today i was satisfyingly looking to the crypto currency market cap when i found a new Bitcoin record.
Awesome, Bitcoin is reaching biggest value ever, this is what everybody were thinking.
But hold on a second, one year ago scenario was pretty similar, although only after the new year values had fixed and had grown from that moment on.
I'm convinced that we will have another drill down of the BTC price, as well as LTC and ETH, and only after that drop the coin will grow and will reach a new price level.
Take a look at that graphic, there are some similar points, which i'm associating with the investing and fast selling, or on another words it's a quick 💰 money in a pocket for those who just want to earn something in a short period of time.
My idea is yo hold on untill the next drop of the price, around the new year, and buy some BTC for a pong term investment.
Perhaps you have the same point of view as me or not, if so please comment. I will appreciate any critic or the positive comment.
Wish you a best luck with the crypto investments.
Cheers,
FreezeDay