Post
Topic
Board Economics
Re: How Long Crypto market will take to recover?
by
angaper
on 27/09/2018, 21:24:21 UTC
I believe that the eventual recovery of the market will occur in a differentiated way for each currency, because I have no doubt that the current crisis will serve to purge the market of endless scams, unviable projects and useless altcoins to make room for serious projects and coins sustainable in the long term.

Therefore, I believe that all those who chose to invest in a wide portfolio of cryptocurrencies and ICOs will never be able to recover their investment 100%, since I see countless altcoins that have lost more than 95% of their previous value and it would be foolish to think that will gradually recover their value.

But regarding bitcoin, I have no doubt that in the medium term it will continue to grow and possibly in 2019 we will see its price recovering above $15k.