Everyone is saying altcoin winter, but I disagree. I think it wont last all that long. Maybe a few weeks or so. Bitcoin is definitely going to shoot up soon though. What do you all think?
I think that already in March-April we will all see a big growth of the crypto-currency market. All coins from the top 10 in terms of capitalization, in my opinion will give a good profit.
Maybe not that fast, but I am sure they'll recover. Basically, it's all up to us. If we support the coins, but them and wait for further growth then it will indeed be so.
The reason why the market went down so much was a kind of a consensus of users that it's best to sell at current prices (for btc it was about $8k) to encourage more people to sell and then buy at superlow prices. And it did work for some time, but I believe that at $5k bitcoin reached the minimum which the majority couldn't ignore anymore, so people started buying again. I am sure more will follow and buy the coins at current prices, since it is pretty safe to say that all major coins will at least give 2x profit in about a year.