The cryptocurrency market is still in its infancy, the big money (corporation) has yet to start investing in it, so we will see much more growth in the market in the years to come. At the same time, small investors are being more cautious with ICOs and that is how it should be. But great things are still to come, and we will not regret being part of it.
I definitely agree on this bitcoin is still very young and the trading opportunities that will appear when institutional money finally begins to invest in bitcoin will be enormous so this is the perfect time to go long in bitcoin if you are planning to hold for the long term, or if you feel adventurous and feel you can manage the volatility you could go short and wait for a decrease in the price.
2018 till date is not good for bitcoin so far. if we look back in 2017 we would see many predictions about 2018. Some said that the price will reach to $30000, some predicted $50000 and some have crossed the limits and predicted that the price would be $70000 in the year 2018, but all predictions became false and the facts are that we are facing today. This is the worst year for bitcoin.