Bitcoin and Altcoin future

in #cryptocurrency6 years ago (edited)

Past six months were not easy and we don't know how difficult will be next few months. I would not talk about the price rise or fall here because it will end up only into speculations.

I can see one thing that the market is not fundamentally weak but just we are into a situation where spot prices are higher than its future prices. We will settle and reach to the equilibrium sometime in future and till then we have time to make our industry fundamentals very strong. We should not become kind of existing equity and commodity market traders where every head looks only for prices to rise and nothing more than that. It is time to think beyond and contribute to industry.

We can do few things in simple way:

  1. Engage in discussions: Talk fundamentals of cryptos instead of the price of those cryptos

  2. Transact in cryptos: Try to buy and sell things in cryptos

  3. Leave lambo attitude: We are not here to buy hiped assets. We should not pay high for decaying or depreciating assets. Lambo doesn't escape traffic jam ! So be kind enough with your money and donate if you have more than you require. Enjoy luxury but don't fall for overpriced luxury

  4. Watch new issues or ICO: Any ICO should be questioned properly because we all should know what is its purpose? We have so many Altcoins do we require one more? Just do your due diligence and its always healthy.

We all together can make a big difference in this market and remember friends price is last important thing we want to achieve. We are not here for price alone just we are here for making the difference for our coming generation.

Cheers !!!

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