Hi, this is just a friendly reminder. Please don’t forget what happened in January 2018. If you entered in the crypto market during the recent hype please take a look at the charts of Bitcoin between September 2017 and March 2017. The price went to the moon in a few months and then fell just as hard. I’m not trying to generate fear, but be careful. I entered the market in October 2017 and in a few months I saw my (thank god little) investment double and then fell to the half of what I originally invested. It was money I was ready to lose so it wasn’t a big deal but I read of people losing fortunes and life savings. I’m seriously concerned that this will happen again and tons of people will lose a lot. Please don’t be that person, do your research and watch out. I’m by no means an expert but this pace won’t go on for long and when the whales will get out the panic will kick in and the price will plummet. In 2018 people said that the price fell because of the Chinese New Year and people getting their money out to buy presents and stuff like that. This might happen again, so watch out. It’s easy to get lost in the hype and think that the train will never stop, but it will sooner or later.That being said I sincerely hope that I’m wrong, the price will keep rising and you all get rich, but if the price will fall and in a few weeks/months btc is back at 10k it’s on you.TL,DR: the market might soon fall down hard like it just went up, just like it happened in January 2018 so watch out and don’t lose all your money.
Submitted January 04, 2021 at 04:24PM
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