I see that bitcoin price effect on almost all altcoins, their charts repeat the bitcoin chart, but there are exceptions - such as POA, for example.
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I believe that the assets are changing owners and apparently accumulate in the hands of giants, it remains to take cryptocurrencies from the most persistent hamsters and prepare the ground for a new bull rally.
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Yes, I assume new green market, because the news background is very positive - the launch of the Bakkt platform is scheduled for December, China has prepared rules for regulating the activities of blockchain services.
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This summer, those who constantly made mistakes in their forecasts, sold at lows and bought at highs left the market. Cryptocurrencies change owners, and appears to accumulate in the hands of the giants.
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The flat, which lasts from June, is the accumulation of assets by such major players. The"crowd" left the market. This is the result was needed manipulators, which control this market. Now it remains to take the tailings of cryptocurrencies from the most persistent and prepare the ground for a new bull rally.
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Hype of ico already ends. I myself regret only that I became involved late, everything needs to be done on time. In its time ico brought a lot of money, but at the moment it makes no sense to participate - until the next wave of pump.
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As for large institutional investors, they will not formally enter the market without certain regulatory conditions. Therefore, we should not be afraid of regulation, but rather wait, because without it cpyptomarket has no future.
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Do you think 2019 is a good year for ICO and all tokens pump after ICO like it was in 2017?
Everything will depend on market conditions - if there is a bullish market, then icos will again begin to gain momentum and will bring profit to their investors. But do not expect a repeat of 2017, as the investor has become more selective and cautious, so not all and icos will collect softcap.
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It is clear that by 2020 crypto will be promoted by itself, many significant events are planned to happen by this time. But before that we still live and if it's all the time to hodl, where to take money? As for me, the answer is obvious - you need to manage your assets.
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My favorite altcoin is Mana, people buy and sell a lot of it, because this currency is needed to buy Decentraland. It is great for trading as it is very volatile and in September it gave a great profit.
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Of course, not every ico is scam. This is not the case, but the fact that nowadays people are afraid to invest in crypto, so a lot of icos bring losses.
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As for me, I have recently sold a lot of bounty tokens in a loss, because tired to wait, when they will rise in price. It is better to put these funds into circulation for more promising assets, because many bounty tokens eventually turn into zero.
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As for the current moment, now there is an up trend. This is evident from the graphs of almost all coins, as people are reluctant to sell. I think this is due to optimistic expectations for the end of the year.
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I think that very soon it will be right time to invest in ico again, as it has been a long period of flat. The market has accumulated assets for a long time, now it's time for growth.
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I believe that bitcoin will reach at least its last year's price, as the end of the year is the time for the growth of the cryptocurrency market. As for altcoins, in December, according to observations grow even shitcoins.
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I believe good and fast perspective blockchains can change our lives. But the problem is that many of them do not work, unfortunately.
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Nowadays this is a good strategy, as many good projects after listing exchanges greatly lose in price, so it's a good time to pick them up)
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The longer the accumulation period, the longer the trend will be. The faster the fall, the stronger the market growth. It's rules. So I expect a strong pump soon.
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I dont think so that most of airdrops are bad projects. For example I have participiated in EOSISH airdrop, it is one of the top in recent times, and I suppose it will be profitable.
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As for me, one of the problems in bounty is the great variety when it is difficult to make the right choice. But I use my own method of bounty analysis, the same as ico projects.
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