Post
Topic
Board Speculation (Altcoins)
Re: What is the current situation of the crypto market now?
by
Psynthax
on 06/12/2018, 03:42:53 UTC
The crypto market still declining and I can not see any bullish sign that the market will reverse. My opinion is that the market will be rise by next year as there is no positive news in the crypto market.

It is possible the price is going to recover in the next year but it is not a sure thing, many thought that we were going to see a recovery by the end of the year, but the year is almost over and it does not seem like it is going to happen, so now they are switching their predictions to the first or second quarter of 2019 but that does not seem that likely to me either.

 We have a capacity to visionize the situation according to the market theory. If the market hit the great bull last 2017, why do it won't happen now?.. The market may not look good for now due of its high volatility and rapid growing prices, still we could assume its bountiful and enormous outcome by the early months of 2019. Let us keep motivating and predict the accurate output of crypto market, and proceed to invest and buy more profitable coins.
The market will surely recover and it will reach prices that we have never seen before, that much is clear to me, the problem is people want that to happen now, they do not want to wait for any amount of time for that bull run to come, that is the biggest problem if those people were willing to hold their coins for as long as it took for the bull run to appear there will not be any problem and they will get almost unlimited profits.
To create a bullrun need a lot of effort and we need more institutional investors, A lot of big news and Hype. People being scared after they are seeing their portfolios worth nothing. But i cna be patience for that and may be i will be back again in a few years later dude.