Ray Dalio says everything has its own cycle, I do aggree.
0. price is low, people buy coins
1. people realize mining is profitable
2. people start to mine, and some buy coins.
3. too many people join, everybody join, all in. (no more newbies to buy skyhigh price)
4. exhaustion, price drop. repeat.
I think if this is the case, we might need to see 10k again.
0. price is low, people buy coins
1. people realize mining is profitable
2. people start to mine, and some buy coins.
3. too many people join, everybody join, all in. (no more newbies to buy skyhigh price)
4. exhaustion, price drop. repeat.
I think if this is the case, we might need to see 10k again.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.