Post
Topic
Board Speculation (Altcoins)
Re: Altcoins prices are bleeding heavily
by
Darooghe
on 16/11/2019, 06:00:24 UTC
do you think this down market will continues and welcome back to the bears in crypto market again ?
or this is only the preparations if the market will growing really hard and the bulls will show up in the near time ?
Honestly, it rose to begin with because of speculation on real-world adoption and use. It will only rise again with similar speculation. Right now, it looks like crypto needs to work hard and make real progress before there's anything to speculate on. however, I think we'll start to come good by the middle of the 2020. Trading and transaction volume is low at the moment, and the price seems to be range bound, which is probably a good sign because it shows the selling is pretty much exhausted.