We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.
And so what? Assuming I say a slow and steady growth, what would you do, cause the market to start having a slow and steady growth? Makes no sense asking the question cause everyone here has different opinion in their mind. Even if you decide today to do things that will help the market have slow steady growth, the whales will find a way to alter that cause they are interested in is pumping the price and dumping it for their personal gains.
Lol. The thing is that even whales realize that a lot of people see this space as a get rich quick scheme which is what makes the market extremely speculative anyway and knowing that there will always be greedy weak hands in the market, with no knowledge or experience of how a market is or how to handle themselves, at the end, they will always get to instigate some market movement.
Of course, there is no one that will not say steady growth is good since it is sustainable as there is no craze or insanity or greed, just some gradual adoption, but we all know that is not something we will always get to see, at some point, FOMO usually kick in for most markets, and this is when we get to see those quick spikes.