Post
Topic
Board Speculation (Altcoins)
Re: Has the crypto market reached its bottom yet?
by
blockchain2k
on 14/03/2019, 08:25:37 UTC
I believe it has ended falling but surely there will be pumps and dumps like before, so if i were you i would invest in cryptos again because so many evidences shown that the market has got back to its real value so it will start rising again, i'm glad we still have the chance to own cryptos at a quite cheap price now.
Right, actually we have passed the bottom line and the real value of bitcoin has happened, what we are waiting for now is price increases, the market is preparing it. so I don't think we should be left behind for this great opportunity

How can you say that with certainty though? Haven't you guys learned from 2018? I mean, yeah we could've already bottomed out but there are no assurances and being overly confident about it may backfire like what happened last november 2018 when we started dropping from 6k.
of course the condition is different, the condition last year was still full of doubts and after all many people also said the price would go down again because $6k was not the bottomline at the time. while now the year had changed, trends and issues also changed, especially the price had dropped very big, it won't go down deeper than this #imho

I would also like to add that Bitcoin is receiving better adoption worldwide as well. There is also far more people who have basic education on what Bitcoin is, what it can be used for and how it basically works as a system.