Post
Topic
Board Bitcoin Discussion
Re: What is the main problem with the crypto market at the moment?
by
PowerofYggdrash
on 20/03/2019, 04:39:08 UTC
Yes. Personally I don't believe for example that Bitcoin can be 2000$ or less but if it would be I will go all in. I believe Bitcoin already hit bottom also Yggdrash hit bottom. However at the moment we have some amazing buying opportunity we are only 4x above our all time low at Yggdrash.


I think one of the main reasons is the complexity of cryptocurrency processes for ordinary people, from which fear and frivolous attitude is generated, which is detrimental aspects.

I dont think that it has any problem with crypto at this moment. Fluctuation is its nature and yes i feel this is what cryto's strength unlike fiats. Crypto market's growth is just because of the fluctuation and demand to it attracting too many investors.
So it is very important to know crypto currency is all has the most fluctuating nature and miner rise fall does not matter, infect people wait for this opportunity so they can buy at low price, the problem is only lack of knowledge which makes people to sell at panic and it gives market a wrong direction, to dump, fluctuation is not the problem for sure.