Post
Topic
Board Speculation (Altcoins)
Re: Do you think this year will be Red?
by
racistyui
on 18/03/2018, 11:38:59 UTC

Do you have any good reason to believe that the crypto market is going to grow this year? Do you think we may end up in all red? I do not see the growth and happy investing of last years.

Just meant that I hope I'm wrong that it'll be a bare minimum of a few months of sideways action before the market has any real growth again, I'd rather that growth start much sooner lol. This market is unpredictable but as of now we're pretty much following the exact same downtrend bitcoin had in early 2014 and that took 3 years to reach similar levels again and then reach new ATH's

I'm not saying that is or will be the case now, there's really no way to know. If it were up to me I'd have everything start growing again tomorrow lol Markets not dead though, when it will actually rebound is the question. We're still correcting and still going through the process of washing out all the weak hands and FOMO buyers that bought in at ATH's combined with the usual media FUD feeding into it. While I could be wrong, besides random spikes here and there I expect most crypto to either remain the same or keep dropping in the short term before the market will consolidate.