🔥The first BEARISH article that I like!

in HODLlast month

Hello!

When I read Crypto related articles is it hard to find anything that doesn't shill Bitcoin and the next Bull run. The internet is full of MOONboy-articles. When I stop in front of a Bearish article it is usually full of shit, a lot of nonsense that just wants spread FUD over the space.

But this time I found an GOOD BEARISH article, with a lot of information that is not biased, well written and with some charts. I love to look at charts! 😊

The article is written by CryptoWhale and it is published in Medium. You can read the full article here, and I recommend you to do so.

image.png

To summarize he explains why the Bitcoin price will correct hard:

  • A lot of Tether has been minted and pushed the Bitcoin price UP.
  • In 2020 we’ve witnessed with largest increase in Quantitative Easing in history.
  • Just last year, we had a bull rally that was almost identical to the rally we’re seeing this year.
  • We’re seeing Extreme FOMO right now, and Greed is always followed by fear.


Some of the information written on the article is really interesting, and I think it is worth considering. I like to read articles in both BULL/BEARISH sides of the market.
I will personally stick to my plan, keep investing regularly and Dollar Cost Averaging.

Enjoy! 😊


hivebanner.gif
Follow me on Twitter
image.png Follow me on Publish0x

Sort:  

The simple to rule to remember, what explodes, expect always a small wave on the downtrend. :)

100%

Dollar cost averaging is the best way. Getting into extremes will hurt at some point. Maybe BTC will correct hard at some point, but if it is to get to $100,000 for the next peak there won't be too many corrections left.

Posted Using LeoFinance Beta

I think that next peak can get to more than 100k :D
This will be a wild ride!

Posted Using LeoFinance Beta

We will see that. I won't mind to see BTC at over 100,000

Posted Using LeoFinance Beta

I support that view. I think TETHER is exactly the contrary of Crypto since it does not seem backed with FIAT.

I like pegged coins but I am really fearful of USDT...
I could blow the space in one day.

Posted Using LeoFinance Beta

Great article. If he would post on leofinance I could give him 16 leo upvote instead of 50 claps. Now you'll get them.

Posted Using LeoFinance Beta

That's exactly what I did!
Khal also wrote a direct message to him, we'll see if he takes the opportunity!

image.png

Thanks for the support!

Posted Using LeoFinance Beta

man I don't know about investing in bitcoin because it's expensive for me to buy but I do buy cheap crypto-like IOST or like leo and hive token

i also think that small crypto give more profit then the big one

Posted Using LeoFinance Beta

When the next bull run comes maybe the small altcoins can outperfom Bitcoin.
These days all the altcoins are bleeding, I hope this stops soon.

Posted Using LeoFinance Beta

yeah hope so I lose quite a lots because of it

Your post has been voted as a part of Encouragement program. Keep up the good work!
Dear reader, follow and support this author, Install Android: https://android.ecency.com, iOS: https://ios.ecency.com mobile app or desktop app for Windows, Mac, Linux: https://desktop.ecency.com
Learn more: https://ecency.com
Join our discord: https://discord.me/ecency