This project is losing its grip on the market so badly and now it is under 40 rank maybe this could be happening because of bearish sentiments. Even other markets are into same pressure but I feel this is not good sign for this project as like it is slipping right now maybe I'm wrong with my analysis.
This project is losing its grip on the market so badly and now it is under 40 rank maybe this could be happening because of bearish sentiments. Even other markets are under same pressure but I feel this is not good sign for this project as like it is slipping right now maybe I'm wrong with my analysis.
I think the idea and project is a good disruptive one and if it does take off will be ruddy awesome, but yes crypto investing IS high risk and all we can do investors and onlookers is wait for the live invoicing.
The whole crypto market is in a bearish trend at the moment with bitcoin leading the way, the good news is that strong projects with good fundamentals will survive, and the pressure from trolls/FUD should weed out whales which should, in theory, spread the supply out into the market so more people have a chance to get ahold of some cryptos at a better price.
This is an interesting time indeed, but I think its a healthy correction that we needed to have eventually, now we can all come back down to earth instead of being overly confident assholes in every project this market has to offer. it was just too easy for everyone to make money last year, which distorts everyones perception of what value really is
Yes you can be depressed (like me sometimes lol) thinking about missing the oportunity to sell at the ATH back in January and the amount of money we could have made, but this should also put a smile on the faces of those who want to stock up on more of their favorite cryptos whatever it is.
Most people don't know about populous yet lol, most people still think bitcoin is the only crypto in existence. and that every other crypto is some shitcoin that wants to be bitcoin, they have no idea of the actual underlining technology which can be adapted for many different applications (like invoice factoring for instance). this is why PPT will explode (again) because holders will be making easy money in a market where people are searching desperately for easy money. Why did bitconnect ever get to the top 10 in the first place? because people wante that passive income. when people realize this brings you passive income its going to go nuts. PPT is a sleeping giant in my opinion