Re: weak period for cryptocurrency, do you agree?

I think this is the most sluggish period since I joined the crypto currency. what your opinion?
What caused it?

We are in a bear market again and almost all coins drops so hard today. There might be a price manipulation since January 2018 and this is why the market drops so hard. In this kind of market patience is very important, I hope that bitcoin will not go down deeper to $5k level again.

Have patience, just go with your own decision. The present time can be considered as a buy time, and some consider losing tends to sell. Similar pattern of growth took place previously, price went as low as $6500 and then started to recover and reached around $9700 and stabilized around the $7500 range. This time too similar thing can happen.

You seem to be confident that there is a buying time now but what makes you so sure? After all btc could drop to 5k and then you would lose 20% if you go in now.

I agree, my opinion is to wait, BTC'll go lower for sure, under 6000 $, waiting strategy is now the key.

If everyone just stays on the sidelines then nothing is going to change either. Look at the low volume that tells everything. If the majority of people just sits this out we never get somewhere. I think the big shift need to happen from speculation to actually using all these currencies in daily life. I try to buy with Bitcoin whenever it is possible but just very few sites accepts them as payment