Post
Topic
Board Bitcoin Discussion
Re: What is the main problem with the crypto market at the moment?
by
Best Dreams
on 22/03/2019, 20:21:25 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.
Every new investors should know this and keep this in mind that price will not remain the same forever as it will change with the passage of time, but we will have to trust our skills and our investment that it is just temporary fall of price soon it will rise again, so need to hold and avoid panic at any kind of situation, just have patience and wait then market will not suffer any problem.