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RE: Bitcoin was NOT in a bubble – the 2017 rise and the 2018 consolidation (Chaos Monitaur–34)

in #bitcoin6 years ago

I guess there's nothing to worry about bubbles as long as it won't explode.
When a crypto particularly bitcoin goes down to the bottom, its only being tested how strong it is to sustain and grow stronger.
For me, its part of a process.

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Indeed it is part of a process @ronel

You nailed it. Yours, Piotr

Definitely part of a process. And let's remember that insane, exponential growth is not healthy. In most cases, such growth is cancerous. So, after bitcoin's various spikes, the pullbacks are in fact very healthy, and very promising in terms of long-term prospects.

Let's just watch the process unfold.

Yep.
Spikes are also good for traders who make profits during ups and downs.