Post
Topic
Board Economics
Re: How Long Crypto market will take to recover?
by
hyadumadha
on 03/09/2018, 14:08:50 UTC
We all know this year is one of the worst year of crypto, market is dead and new investors are in fear to enter,  My portfolio is 75% down as compare to January. How long this market will take time to recover?. I am stacked in holding.

Do not know when this will be amazing again, but it should be noted that this is not the worst year for cryptocurrency, maybe this year is not good for you personally with a 75% portfolio decline, increase and decrease are closely related to market cryptocurrency, so this is said that behavior very normal with extraordinary value reduction outside of public reasons last year, so it needs correction and correction to further strengthen the value that will be achieved later.

Some markets try to pump but are not strong enough to do everything with public conditions that still do not believe the situation, in the recent increase that occurred was the use of some people against ETFs by waiting for a decision and hoping that after the agreement would be profitable, after the decision it was postponed and it was clear that in a few days there was a lower decline than before, a big story was needed to encourage the public to come in, because the ETF had one more chance in the next month, people were waiting for something like this.

Totally agree with what you said bro, that already explain all the things that we faced currently. Public condition and  lack of people awareness about the true benefit, vision and mission of bitcoin and etc. It will not make us instant rich, but we still have to do a lot of hard work to make this things spread the real benefit for the world. People nowadays only thinks about how it can make me richer and richer. Oh my gosh...