Many people invested in crypto and got carried away, punched well above their weight with quickly new found riches.
Many tried to trade - they failed, many bought in late - they lost.
The rest either learned to trade and will survive and the others are hodling on.
Dont forget all this time that the groundwork is being done by the developers and the infrastructure to enable onramps for the late adopters is being buit.
Still a great Risk - Reward opportunity if we have another run of a similar magnitude.
.
Key dates:
End of bear market / bottom - jan / Feb 2019
May 2020 - return to All time high (also c. the halvening date)
End 2021 - Top of bull market
Many tried to trade - they failed, many bought in late - they lost.
The rest either learned to trade and will survive and the others are hodling on.
Dont forget all this time that the groundwork is being done by the developers and the infrastructure to enable onramps for the late adopters is being buit.
Still a great Risk - Reward opportunity if we have another run of a similar magnitude.
.
Key dates:
End of bear market / bottom - jan / Feb 2019
May 2020 - return to All time high (also c. the halvening date)
End 2021 - Top of bull market
Kommentar:
error above - end of bull run would be Dec 2020
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Follow on Twitter @filbfilb
