Investing In Blockchain Stocks In 2019

Over the past two years, the crypto market has been on a rollercoaster ride. After ending 2017 with record highs, it saw a downtrend throughout 2018. Overall, the entire year saw a dismal performance for cryptocurrencies, especially when compared to its meteoric gains of the preceding year.

As we enter the New Year, crypto investors are crossing their fingers and hoping that this year would be bullish for blockchain stocks. Some analysts and investors look at legitimate reasons that suggest a good year for the crypto market.

While we’re not expecting to breach the all-time highs achieved in 2017, there are a lot of significant developments that point to a bullish crypto market this year.

So, what are the trends and developments to expect this 2019 for blockchain investing? Let’s take a look at some predicted highlights.

Natural market cycles suggest an upward trend

All markets go through a cycle – and the same is true with the crypto market. While the range and predictability of market cycles differ, they all go through the same phases. Markets go up, hit a peak, go down, and then hit the bottom. They accumulate before they go upswing once more to complete a full market cycle.

Since cryptocurrencies were bearish in 2018, analysts are optimistic that they will begin to accumulate and resurge this year. The falling prices and strengthened fundamentals (reinforced by great developments in blockchain technology) will help push the market into a bull phase. Financial markets all go through a bull/bear cycle which is fueled by investor sentiment.

Institutional responses will be a great catalyst

Some analysts are looking at 2019 to be the year when institutional money will be introduced to the crypto economy. Highly anticipated developments are the possibility of cryptocurrencies finally entering Nasdaq in 2019 and the roll out of Bakkt, a cryptocurrency investment platform that will open the gates for institutional money. If these two go into fruition this year, they’ll definitely be a game changer for the digital currency market.

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Tyler Makenzie 1 year ago Member's comment

I agree that the adoption and popularity of blockchain, as well as cryptocurrencies, see the all-time heights. 2019 promises to be bullish for crypto due to the expected positive improvements and events. Nevertheless, there are no signs of uptrend yet. People usually underestimate the duration of time, which is needed to adopt new technology. They want everything and at once. Unfortunately, it doesn’t work like this. Actually, there are no serious technical problems, so I think it is just a market’s cycle that lasts longer than usual (but not the longest one yet). Low prices and blockchain improvements will push the prices up in 2019. This period is a great time to buy crypto that will definitely increase in the future IMO. The easiest way to buy crypto online is through the exchange. Cex is not a bad one. It accepts fiat deposits, has a comprehensive interface, and charges reasonable fees. The registration and verification are a bit tedious.