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RE: CRYPTOCURRENCY RECOVERY OR BULLTRAP?!

in #cryptocurrency6 years ago

What we witnessed on February 2nd evening (Aus time) was the second biggest dip ever for Crypto. Last time the dip of this nature happened, it got sluggish for a very long time before it caught everyone's attention in 2017 and it went to the moon.

I don't think it will get sluggish again. Only because of the interest in the crypto space has grown massively. More people have a stake in this space than in 2013. So it's safe to conclude that 2018 will be the best year ever for crypto. This is what we heard in 2017 all along that 2018 is going to be the year to watch out for.

I say this because the real interest in crypto kicked in late 2017 and we have already seen adaption of many currencies rapidly. XRP signing up with Moneygram, Crypto currencies being used in Brisbane Airport, Major online publications adapting Steem etc. Although we are in the infancy of crypto revulition, there's enough and more confidence in the market to bet on the future of Crypto.

If it crashes, it will bounce back. We are seeing the establishment of a new investment model that's different to bricks and mortar and shares. It takes time for people t to embrace it.

For those of us who have embraced it have a bigger role in instilling confidence in the new comers.

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I totally agree with you. The interest in cryptocurrency has never been this high, so I'm also convinced we will bounce back and start recovering soon.

Hoping 2018 will turn out to be a great year! HODL tight.

Cheers & thanks for your comment mate!

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