Ninjastic
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Board Speculation (Altcoins)
Re: 2 Years of bear market.. what to expect next
by
cryptothreads
on 16/10/2019, 01:53:45 UTC
Quote from: South Park on October 15, 2019, 09:03:44 PM
Quote from: Yaunfitda on October 14, 2019, 08:39:19 AM
Quote from: smyslov on October 11, 2019, 11:10:03 AM
Quote from: Muhammad Muneeb on September 23, 2019, 05:56:50 PM
i don't know what on earth would trigger the bullrun in the alts. i think we have seen enough of this bloodbath there is about 8 month left in the bitcoin next block halving and still market condition is not improving. is there will be any improvement in the alts or they all will die

Great things will come to those who wait, it just proves how dynamic is, it's very unpredictable, people are predicting that we should have been into the $15 k level because of the halving, and a lot of great news coming like UN accepting Cryptocurrency donations, let things take its course we never know another all-time high is waiting to happen.

Alt market's catalyst should be the bitcoin's bull run in 2020, it was expected that after the block halvening, bitcoin is going to enjoy a massive growth, and this could have a domino effect on the alt market as we have seen in the 2016-2017 period.

So for those bag holders, you will be tested time and again on how long are you willing to wait here. This is how it works and no one can really stop it from happening, so you need more patience more than ever.
And what makes you think that way when we have already seen that during this year a recovery happened and while many altcoins gained value against fiat they still went down when compared against bitcoin, if the current growth in the market could not trigger an altcoin season why do you think that an even greater bull run during 2020 is going to be any different, and even if that is the case many of those that are holding altcoins that are outside the top 10 will never see their coins recovering anyway as investors will choose new projects over old ones.
In my opinion, investors are more likely to choose new projects because these are usually projects with a lot of investors and it is easy to raise prices if big news comes out. Now the old coins do not have too much difference in this market and that is the main reason why those coins are forgotten.

I often analyze and research this very carefully every year and I believe that by 2020 we will soon see a great change of this market. Of course it is impossible to predict the next trend but I am sure it will be a good opportunity for you to invest again.