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We need more fiat pairing and to do away with BTC pairs so legitimate alts can break out and not be controlled by the movements of one old money controlled coin.
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I think we'll see everything start pumping soon.
Pretty much all alts are way oversold because they got dragged down by the panic on the ratio. Once the panic disappears and sellers pull their orders, the fomo will eventually spread.
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I'm not really interested in selling. I try not to time the markets too much and just focus on accumulating more crypto when I'm able to. Happy to hold for years - no rush whatsoever.
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ETH undervalued currently but btc is still in charge and I feel like we can have a big btc dump to mark the bottom, so Im waiting on that before I buy more.
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It will probably come back but it won't look anything like the market did in 2017, where every useless coin was worth 100M+. What crypto needs is real adoption to where market valuations are actually related to real world value and not pure speculation. But that is a long multi year process, if it happens at all. But only a handful of coins have any chance at real world adoption. If you're planning for a long term hold, make sure you're invested in good projects with trustworthy leaders and a strong community of developers and users.
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I still think we will see the market recovery. Maybe in a few years.
Historically the crypto market has always had hard corrections followed by higher highs, but no one knows what will happen.
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#Proof of authentication
Joined campaigns: Twitter, Telegram
Bitcointalk username: BountyGo
Telegram username: @jmadtea
Files.fm username: ilij_banin
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During bear markets, the best opportunities are in stocks (crypto), since the sell-off has reduced values to much more attractive levels. But it's the rare investor who has the courage to buy in. Most are paralyzed by fear.
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I suggest CrowdForce. It uses mobile technology and the largest merchant agent network to help businesses, banks, digital wallets, and exchange companies access the underserved population in emerging markets. - taken from their website.
But one feature they are working on is doing micro tasks, surveys, and other mini-jobs and get rewarded through their blockchain platform while others can use that working power for their research and other stuff.
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3k is the only support if 4400 breaks. We need to get over 4800 and test it for there to be any hope of up at this point...All the moving averages are above us, which all act as resistence, and we've broken the key support of 6k and broke a long term key support of 5k easily.
So if we break 4k, there is nothing between us and 3k that has been tested, which is where the next moving average of the weekly 200MA.
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We’ll be in this bear market for another few months. Let everyone quit thinking it will be a quick turnaround to the moon and when everyone least expects it the FOMO will kick in again.
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Back in January I truly didn't expect to see $4000 Bitcoin ever again.. I mean it's just shocking across the board, even compared to a few weeks ago. $120 eth (from 1,400), $80 Zcash (from 900), $3.50 Eos (from 22), $30 Ltc (from 375) , $60 Monero (from 500), Cardano is approaching it's all time low at $0.04 (from 1.30), $8 Neo (from 200), Iota's also approaching it's all time low at $0.30 (from 5.50), $1 Nano (from 35), $0.25 Icon (from over $12).. I could go on and on...
At least a lot of these projects are still coming along at a steady pace, and I'm confident that the devs that continue to work hard will eventually be rewarded, along with all the people that stuck around through these hard times...
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I feel like NEO is the sure bet both short and long term. NEO always manages to surprise me on it's random bull runs.
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I’m honestly glad I’ve mostly stuck to the top 15 or so, with a few exceptions. An overwhelmingly majority will fade into obscurity imo. I would say less than 300 projects will survive, and that’s being generous. NEO is in the single digits currently. Sickening considering how high I bought.
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Never thought I'd ever see some of these prices again. Will be interesting to see which ones end up bouncing back and which ones fade into obscurity.
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It is not healthy that btc and its forks are at war on hash power dragging other projects down to the drain.
We may well see solids project like XRP and XLM liberating from btc soon. Ones liberated Solid projects will shine.
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XRP seems promising. Its market cap is incredible and it has really high money transaction speed. The fastest if I am not mistaken. At the moment it is near an all time high and I own a decent amount. I dare to declare bullish on this.
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