Since I have been trading, every correction has been followed by new all time highs for most cryptocurrencies. If this trend continues, many of us trading today will become wealthy. On the other hand, given the growing trend of new government regulations, this may be the beginning of a long winter. Where do you think we're headed in 2018?
No.We shouldn't see government regulations as a negative factor.Instead we should welcome it and it would help more people come towards crypto currencies.For instance,SEC of US has ruled in favour of allowing crypto currencies and we could see its positive effect over crypto coins.Now there seems to be a beginning of bullish trend as bitcoin price has crossed 11,000 dollars.Now with higher transaction fee issue getting almost solved due to segwit,we could now expect even big players like Amazon accepting bitcoin payments which would increase its demand more and hence its price.