So, EOS is still a long-term hold material? Half of the year passed already and according to the CoinMarketCap charts it is slowly going to the top. I've moved my tokens to the Freewallet app just because they do not ask any money for the registration of the wallet (https://freewallet.org/eos-wallet) and been holding it there for a half a year now. For how much should I hold it longer?
I use cryptocurrency only for short-term trading and long-term investment. I have never seen any stores on the Internet that would accept carptocurrency as a payment method. I hope this will change in the near future!
Do they correlate at least somehow? I think not. If there are such movements, it is only because the mood of the markets coincides. The cryptocurrency market (and Bitcoin in particular) is not yet similar to other markets. Cryptocurrency is too unpredictable and can behave very different from general trends. Therefore, no one knows what will happen to Bitcoins, if the price of oil goes up.
All we can do now is keep on holding Bitcoin. Or buy. Because the market will not be able to break through the mark on which he has now stopped. Since we are seeing demand for cryptocurrency, it says one thing: the market will soon go up again. There is simply no other option. After there was a recession, everything is going up. We have to wait for this. It will happen anyway. The only question is when this happens.
Today there is a lull. Nothing really happens. The market is waiting for the moment. I'm sure that the states will begin to regulate cryptocurrency soon, invent various laws in order to curb this. As the saying goes, "wait for the storm after a lull."
It is important to understand that the position of Bitcoin at the moment cannot be considered something bad. Such sharp jumps in prices, as in 2017 - an anomaly. Such high prices never stay for long. This is the norm that the price has returned to where it came from.
Who are these guys at all? The first time I hear about them... I wouldn't be surprised if after some time the first name disappears from this list. Is it just a mistake or deliberate misinformation? I don't think that at the level of Google they make such mistakes. There is something to think about....