There were plenty of speculations in January, when all was rosy. But even in the bear market, many still had the believe that we would see 50,000, some 20,000 and some said 5,000 but here we are at 3787 close to the end of December.
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December has come and gone, many had high expectations especially newbies. What next? Don't you think it's time for proper education of how this space works instead of jumping on the band wagon? But while doing that do not FOMO if in the process bullrun comes with speed.
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If the assets you invested in were mistakes you made in your learning days, then I guess you have to makes sales to avoid being ashdraked in the long run.
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The fun here is the way it throws your predictions off balance no matter how knowledgeable and experienced you are. I think at this point, I would call myself an enthusiast, because if gives a certain kind of excitement when issues are raised.
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You are fairly right I must say, however, for it to have been named digital gold attracts people and that's the bane of it. That pure gold is used on a large scale isn't an obstacle for it even though it's virtually stable.
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For the fact that we have over 2k cryptos makes it a bit scary as to which will scale through at the end. To say the least, most don't even have working products, but let's watch how events unfold.
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As the popular quotes will say" The best time to invest was 10 years ago, the next time is now" you are lucky not to have been caught up in the FOMO moment. Take your shots now and don't miss out on when the golden moments come.
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If that happens eventually then all attention shifts to bitcoin, leaving it to slow transactions per seconds, leaving the price to be stable but making the space so un-interesting because obviously, FOMO will vanish.
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That a lot has happened this year gives me full conviction about how strong the market is, although most investors have weak hands,in that any little FUD they start selling hard. The market will always bounce back.
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I think in the area of politics particularly elections. So many things go on in general elections behind the show. The blockchain will further make ease of voting and transparency.
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The fact that ethereum is the base currency for ICOs should not make us believe that fake ICOs cash out using ethereum. What about other private currencies like monero? What about bitcoin itself? There are lots currencies to exchange to in the market. The market is only experiencing correction after a major high. Ethereum is not the cause of the bear market.
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Sometimes its worth the wait and othertimes it works in another dimension. The market won't always meet with your expectations. In my opinion, if some of the alts are close to your benchmarks, then buy.
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As an enthusiast, the party just got interesting and its time to make amends to my portfolio. People will always panic, ignore them, its only natural for them to be emotional.
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I participated in this same bounty, and I received my reward too. It seems the project has failed because the admin of their telegram group was last seen on 30th of November, the team is nowhere to be found.
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Somehow, I have always had mixed feelings about bull run for this year's Q4 and it seems my instincts were right afterall. Bullrun happening at a particular point in time yearly makes it looks staged.
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Someday, somehow, we will get to that point as it will be an ease for payments and moving cash in a digital way. Although one thing to note in mind is that fiat wont be eliminated not matter what.
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If we are to by ethereum serving as the base currency on which alts thrive, then you can assume they'll follow ethereum but if talking in terms of value they wont go hand in hand.
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It is okay to be emotional with a market like this, but It am not scared a bit reason being that of historical data, which repeats itself virtually, these events are predictable.
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At this point we need some form of cleasing in the crypto space as it is no longer funny. Investors are begining to take backward steps and somehow affecting mass adoption. Regulations are highly needed
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Depending on how good the bounty is, and the duration also plays and major role in determing how much you will earn. Dont let people's comments discourage you from participating in bounties. I have read here how some persons have earned 12000$ from a bounty at once and some other encouraging numbers in the likes.
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