we also have to be realistic that the current conditions in the market are indeed in a bad condition
I agree, look at the January prices and today's prices
January:
BTC =
$20.000XRP =
$3ETH =
$1300today's prices:
BTC =
$4500XRP =
$0,44ETH =
$134The most important question is: Will most altcoins recover their previous value? in January ETH reached $1300 and had a Market Cap of $130 billion dollars, now has a Market Cap of 13 billion dollars, this is a very big fall, and with the regulations and with many cases of Scam ICO the chance to see $1300 and a Market Cap of $130 billion dollars are very small. In the case of bitcoin things are still more possible, but the altcoins can have a very bad destiny
the price will not improve if nothing surprising comes
truth
excessive hope will only make you panic
well, this is a very dangerous market and from what I could observe, knowing the right time to get in and out is the most important thing that people should know.
the current price decline occurs because selling panic happens massively, because the prices that occur differ greatly from their high hope/expectation
I agree