This crypto 'crash' has happened every year since 2015

[bk071]

The total market cap has always taken a hit in January, mainly for two reasons:

1. Lunar new year approaching.
2. Asia being a dominating player in the crypto market.

Just look at these charts.

2015:

2016:

2017:

We all know what happened after January 2017. I'm not saying the market will necessarily explode following this correction/selloff, but good chance the bubble won't burst either.

If you're gonna post "it's a bubble", save it. That's not the point of this thread. The point is, there is more probability of it being the continuation of a trend than being the end of crypto.

PS: I'm not implying you should buy or sell. It's your money. Do what you wanna do with it.

Me? I'm HODLing and accumulating what little I can during the drop.

 

[Deleted member 283687]

Lets hope for the best ,great share by bk as usual ,thanks bro

 

[carlostorch]

this is true

 

[vilcakurt]

Why didn't you post this last week?

 

[LostKing]

Yeah, because January has always been a shit month in Business.

 

[Deleted member 283687]

Why didn't you post this last week?

we always start digging what went wrong if something bad happens only

 

[Vapys]

Great opportunity to grab some bargains and 2x your money.

 

[davids355]

Very interesting.

 

[Sherb]

Yeah, because January has always been a shit month in Business.

 

[mickyfu]

It's strange that with the masses of crypto gurus at BHW, that nobody has picked up on this before.

Like at the end of January one of our crypto geniuses could have made a thread saying it's a good time to sell up and buy back in late January. However nothing. Well I'm shocked if I must say.

 

[waterworks]

Why didn't you post this last week?

Whatever do you speak of.

https://www.blackhatworld.com/seo/b...nts-and-questions.993184/page-6#post-10724838

 

[Deleted member 283687]

Whatever do you speak of.

https://www.blackhatworld.com/seo/b...nts-and-questions.993184/page-6#post-10724838

you are genius bro but why keeping a chick pic as avatar

 

[bk071]

Why didn't you post this last week?

Because I actually have a life outside of BHW and was too busy to post here. Or maybe because I didn't feel like it. Or maybe I didn't realize this until today.

What's the point of your post?

 

[Wilson Grant Fisk]

Because I actually have a life outside of BHW and was too busy to post here. Or maybe because I didn't feel like it. Or maybe I didn't realize this until today.

What's the point of your post?

I think he was only joking.

 

[txholdem]

the drop percentages were not nearly as steep. it feels worse this time, just by looking at individual tokens. i dont know the total market cap tho.
should do a composite time series.

 

[zionbar]

The total market cap has always taken a hit in January, mainly for two reasons:

1. Lunar new year approaching.

Thats the real reason IMO. but then again, you guys that are freaking out right now, you shouldn't be in the game...

Trading isn't about running your mouth when everything goes up and then freaking out when things are down....

Ill explain -
If you believe in crypto as the future of money, the fact that the chart is currently green or red, shouldnt matter to you.

 

[mickyfu]

If you believe in crypto as the future of money, the fact that the chart is currently green or red, shouldnt matter to you.

If you believe crypto will be the future money, you need your head testing.

I see the French have issues with it now.

 

[zionbar]

If you're investing in stocks, get the QQQ [power shares]
IMO one of the best long term holds out there... Made me like %12-13 2 years ago... companies like AMZ APPL and so on... the big dogs that will 99% keep blowing up

 

[zionbar]

If you believe crypto will be the future money, you need your head testing.

I see the French have issues with it now.

Whats with the personal attacks buddy? you wanna tell me whats your argument for digital currency to NOT be the future then go ahead but everybody here should calm down with the personal attacks...lets all grow up together

 

[mickyfu]

Whats with the personal attacks buddy? you wanna tell me whats your argument for digital currency to NOT be the future then go ahead but everybody here should calm down with the personal attacks...lets all grow up together

Wasn't personal. I'm just saying in general, if you think crypto is the future money, you need your head testing.

Because obviously people who think it's the future has some kind of mental block, and are blocking out the slight issue that there is no fucking way the banks and governments would allow it. Well not as it is today, it would simply be for buying and selling, and not over hyped magical money making coin. Like I said, it appears the French are onto it. Start watching others follow suit soon.