If FB Libra works out it can provide lots of fuel for another bull run in crypto sector. However it is likely this will be the final bull market before major correction which can last 5 years or more.
About 90–95% of the traders /investors CONSISTENTLY lose money on Crypto Market either in a bull or bear market. This is a well-known and publicized statistic.And it’s true!
ryopphdi
⋅
@CryptoEngineering, with such a strong bull runs in BTC (and other coins too) I'd like to think this ratio is lower. People who bought and forgot about their BTC are winners ;)
CryptoEngineering
⋅
@ryopphdi, Agree with you the ration amount dude, however, as a swing trader I dont recommend anyone buy & hold strategy except investors.
artem19840910
⋅
did you come from the future????????????????????????????????????
ryopphdi
⋅
@artem19840910, It is always good to look at things from distance. We have been enjoying 10 years of bull market in this sector but at some point major correction will happen which means major drop and long time to recover. People like comparing BTC to gold which often takes lots of time to recover after major top. After 2011 top it took 4 years to form a bottom in 2015 and it has been in consolidation which took another 4 years since then