I am hoping for the best of the cryptocurrency market towards the end of the year and hopefully in the whole of 2019. I am expecting a great recovery if not a bull run and everything should be based on real market forces and not so much on speculations. However, we know that this is the market where anything can happen and things can be beyond our own control and influence. I am now thinking that if cryptocurrency will still be bad in 2019 I would reduce my involvement to as much as 75% and use my energy and time to something else...this is my way of diversifying and putting my security on my finances. This is just like saying hoping for the best but preparing for the worst..
What do you think?
It is always sensible to diversify. Crypto does seem to be struggling to regain any upwards price momentum at the moment, and I think everyone is still cautious given the huge drop we had at the start of the year. Having said that, ATHs are so far away from current prices that there is significant room for growth. I do expect crypto price to increase in the long term, but short and medium term who can say?