I don't think so..Crypto market is still increasing and balancing. The stabilization is more important than the fast growth like last year. Such a big jump has more negative effect than positive.
Yes, it can happen that some currencies disappear, ICOs failed..but it is just like in the real life. If there would be only raising phase, the bubble would end quickly.
Be patient and wise! It is the best strategy in the crypto world!
Exactly. The whole cryptocurrency market is stabilizing ever since its inception with Bitcoin in 2009. It's only been 9 years ever since this revolution started, so it might take a couple of years ahead in the future to be able to see stable valuations on Bitcoin and altcoins in the market. Of course, there will always exist manipulations, threats, and even regulations, for cryptocurrencies, in a similar fashion to traditional stocks and assets. However, given that blockchain technology has the potential to radically transform every sector of our society, there's more than meets the eye for the valuation of the cryptocurrency market.
I believe that this downtrend in price, is only temporary, as once big investors and real money starts pouring into the markets, the whole cryptocurrency market would become valued at $1 Trillion and above. There's still a lot of people that are unaware of cryptocurrencies, and many institutional investors which haven't joined the revolution simply because of regulatory concerns. However, once Bitcoin and other cryptocurrencies become largely regulated to prevent illegal activity, and customer's funds are protected, then expect for the whole market to increase in price once again.
Therefore, these moments are perfect to grow your stack of coins at a greater discount than ever before. The more prices decline, the better it will be, as you'll gain more coins to stock up for the future. And once everything settles, you can rest assured that there will be a next uptick in price, just because Bitcoin is limited in supply, which will make it scarcer and valuable than ever before. Most altcoins follow Bitcoin's price movements, so they will rise in value too in the future. Just my thoughts
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