Post by
arh0070 on Dec 13, 2021 11:16am
Bnxa
There is a difference between well thought out posts like yours and the idiot pumper posts.
Every market requires buyers and sellers ,bulls and bears.
Having been a bull on Cryptos since early last year I have now turned very cautious/bearish.The total market cap for Cryptos is down somewhere between 400-500 billion dollars in the last few weeks.How far BTC and ETHE fall remains to be determined ,,there should be a retracement and hopefully Alt coin season will actually happen.In prior Crytpo bear markets which have lasted 2-3 years there has been a 75-85% drop in BTC and ETHE prices with the alt coins being even worse.
Eventually however there will be another bull market ,So from a 5 year perspective things will likely be fine .It's what happens in between that worries my ,hence the Coin put options.