The conditions in the crypto market are not the best. The prices still decreasing since December 2017. However, this is not the reason for panic, at least not about bitcoin. As long as bitcoin is the oldest cryptocurrency, it has experienced several large crashes. Bitcoin’s longest correction lasted for 411 days with 87% loss of value. And back in April 2013 bitcoin lost 83% just in 3 days. However, notice that bitcoin recovered each time. So this is not the end, just another long correction. It’s not time to sell off coins, quite in the opposite – it’s time to buy them.I believe in the potential, which certain coins can realize in the future. Probably not all altcoins will survive this bearish market.
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.
Latest Comments
Cryptos Are Crashing (Again) - Bitcoin, Ethereum Down For 2019
The conditions in the crypto market are not the best. The prices still decreasing since December 2017. However, this is not the reason for panic, at least not about bitcoin. As long as bitcoin is the oldest cryptocurrency, it has experienced several large crashes. Bitcoin’s longest correction lasted for 411 days with 87% loss of value. And back in April 2013 bitcoin lost 83% just in 3 days. However, notice that bitcoin recovered each time. So this is not the end, just another long correction. It’s not time to sell off coins, quite in the opposite – it’s time to buy them.I believe in the potential, which certain coins can realize in the future. Probably not all altcoins will survive this bearish market.
Investing In Blockchain Stocks In 2019
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.
Economic Divergence: EM Vs DM
Hi, I would recomend this article.