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RE: 6 Weeks after Consensus 2018 - Do we see a first recovery of the crypto market?

in #cryptocurrencies6 years ago

Understanding how the crypto market works is very vital when making investment decisions, most panic sellers are those that enter the market because of their greed to make fast profits from the sudden rise in prices of crypto currencies and they are short term investors amd forecasters . But those that are still in the market are those investors understand the market better and are holding on their portfolio for the long term. Because there is certainly going to be a major boom I'm crypto price again sooner @onetin84

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it's almost inevitable that we see the next wave. If we could draw a balanced chart graph it would go always up without any hickup but inefficient markets (as always) create reality and winners and losers. Yes i completely agree with you. It doesn't matter if you look at Blockfolio on a daily basis, checking the prices on coinmarketcap.com or follow the news. A simple strategy could be just going to bed and shut the blinds with a well diversified crypto portfolio. The latter is crucial what eggs are in your basket and currently we see clear leaders by market cap but also many interesting startups with a chance to gain market shares in the future. I don't name them here, because it's always a biased view, but it could be a good diversification in my point of view.

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