Considering the market surge of 2017 and the bearish market of 2018.
What is the implications of the 2018 bearish market on the Cryptocurrency market ?
Did the situation increased or decreased adoption rate of Cryptocurrency?
it is a win win situation, it could increase adoption rate and could also decrease adoption rate.
Well, I expected it to lead to more adoption rate, because a wise investor ought to see it as an opportunity given for them to buy at dip and I am sure majority of people that took advantage of the 2018 bear market will be thanking their destiny right now for making such decision.
Those who were busy cursing the Bitcoin and cryptocurrency system will be wallowing in their own regrets right now, but if we look at the development of Bitcoin from that time of bear market till now, we would see that adoption rate has seriously increased and we could also see how many countries has taken step to also adopt it.
adoption is an important part of the development of bitcoin. those who are lucky are those who can take advantage of opportunities in 2018, of course now they have benefited. currently good developments are shown by bitcoin at this time, hopefully the upward trend continues