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The story may repeat. But I still wait. Growth cannot be instantaneous. If there is a favorable news background, the price will rise gradually. Then you should make a purchase decision.
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Large bitcoin holders can manipulate the market. They have a lot of money and they can pay the media and spread any news or stir up the hype, like it was last winter.
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The cryptocurrency market is just beginning its development. I am sure that this market will grow at least 10 times in the near future. Because I HOLD. I think many will agree with me.
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I think that the reason for the current state of the market is not in marketing. There is no fundamental component for the growth of the market. For many people there is no need to use cryptocurrencies. Bank products fully satisfy the demand for the moment. The market of cryptocurrency and blockchain technologies should grow stronger and become more civilized. Then there will be trust.
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Look at the rating of cryptoexchanges on a coinmarketcap and use the most popular ones. This is the surest way to protect your money. At the moment there are no better options.
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They have so far only announced their intention to consider recommendations for the release of its cryptocurrency. But whether it will be done at all, it is not yet clear. It looks like empty talk. India does not need this.
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As they say - a pig always finds a swamp. And it's not so much in the bad comments, as in the atmosphere in the market. If the price falls, then the mood falls. It will be better if everyone shares useful tips, what to do when the price falls.
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