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Crypto Market Chronicles: This Rally Is the First Breath of Fresh Air in Months
like who wants market to do good when there's a war, I guess that's where crypto always is going to perform better?
Or probably it is too oversold throughout the months that the sellers ran out of coins and now we can send everything up again?
Would be nice if binance let us have couple of weeks where market only goes up but I know and everyone else as well that binance will never let us win for a day.
In all this us-iran thing everyone forgot to blame binance for everything that has been wrong with crypto so I'm here to remind you that.
But if we are getting a relief rally what are you really expecting from it?
The relief rally is all we need
We have seen enough being in this crypto space everyone has suffered enough that it should be right time for a relief rally
Like who doesn't want their coins to bounce back after going 90% down in couple of months.
We all will be happy and cheering to see the same coins do +40% hardly and that's a lot.
People in crypto have short memory and attention span they forget things easily and a 5% is enough for them to forget about everything.
After 5 months it seems like we'll have first green month on bitcoin finally. The chart looks bottom'ed but bitcoin chart wasn't something we ever had to worry about, right?
it is the altcoins that are in trouble
I've been only worried about the altcoins because I've been holding those and majority of people holds altcoins rather than bitcoin
All of those altcoins are down more than 90% still and bitcoin has jumped quite a bit but alts are still pretty much dead with no noticeable bounce.
The altcoins we all have in our wallet aka hive is down bad and after this pump or a little relief move
We still are in the dark, no sign of anyone buying
It looks like Koreans and everyone has abandoned it but that's just temporary imo.
Everyone should just stick to stacking as much as possible because it can do 5x or 10x from here in a day or two probably even less.
Hive is still listed on binance, still has community and entire thing is running smoothly
The fact that market cap is too low and listed on major exchange itself is enough to send it higher.
Sometimes all I wish to see is hive at $0.5 and I remember when it was around $0.6 I was wishing for a dollar but that thing never happened but we were closed.
Only if we get rid of sellers and crypto constantly being suppressed by these shady exchanges we'll come out of blue and it's going to be our time to shine but until then stay low-key and stack sats as someone wise once said. Wonder what's your thoughts on it? Do share in the comments.
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2 commentshttps://www.reddit.com/r/CryptoCurrency/comments/1rticca/crypto_market_chronicles_this_rally_is_the_first/
This post has been shared on Reddit by @uwelang through the HivePosh initiative.