JayJuanGee
Legendary
*
Offline Offline

Activity: 1932
Merit: 1826


How much alt coin diversification is needed? 0%?


View Profile Personal Message (Offline)

Ignore
August 24, 2018, 08:33:51 AM

The market's not reacting to anybloodything. Sideways 'price action' for a fortnight. Nobody wants to buy it. Nobody wants to sell it.
Much more money to be made trading legacy.

You are starting to sound like rosewater.

What is the point to whine about sideways action when we are in a consolidation period? and the market does what it does, right?

Sure such consolidation could end at any time, and we could resume upwards, but such consolidation could take a year or more to resolve, just like 2015.... or worse case scenario would be for the consolidation to resolve downwards, rather than upwards, which would even be a worse scenario for HODLers, no?

I guess my point is that there is no real way to rush it because you have players making their bets on both sides, and sooner or later we will get some movement, but we just cannot be sure how long it will take to resolve, nor which direction even though we might have suspicions of what we believe to be more likely.