Today I read a pretty good article. Unfortunately, I can not give the link, local language. The author quite logically explains the behavior of the market from his point of view. Why we haven't performance "ToTheMoon" in a half of year already.
I want to hear your opinion, but don't need useless messages, please.
1. The crisis of inflated expectations. Our expectations of price increases have nothing to do with the real progress in development. Many listen to experienced marketers, but really good projects without advertising go unnoticed.
2. Too many inexperienced investors. They came to the crypto not for the future, they came for a month. If they manage to earn a lot, then maybe in a couple of months will come again. They don't store a lot of money in cryptocurrencies but immediately withdraw from circulation by reducing capitalization.
What are the other thoughts?
At present the situation don't seems to be in favour of cryptocoins as we are witnessing the past downfalls as prices of all the major cryptos are once again falling but the market will turn green for sure after few months and prices will once again surge but the actual boost cannot be predicted.So we will have to wait till the last month and 2018 is going to be a tough year.
