2020, A Golden Crypto Year.
What happen in future, it is totally god decision which is totally unknown to us.We can only expect,only hope.We are showing patience last 2 year.Hold coin is good decision but until when?This is not a solution.If i see any symptom of crypto rise, i will definitely increase my invest.But without any symptom i am not interested now.
We have seen from 2013 to 2017 first quarter was biggest downtrend of crypto.But that time crypto market was small.Now market become very big.If we measure top 5 coin according to market capital , total 177 billion dollar market capital there.
This top 5 coin has 84% capital of total crypto market.I want to say this market became 2nd big market of world.
2013 to 2017
That time market was so small.Maximum people did not know about this market.I heard about crypto market in 2017.
See the history of bitcoin chart from 2013 to june 2017.Market was stable.
Please see bitcoin price of 2013.I am showing another picture.
This is historical price of bitcoin from 2010 to 2017.How the price climb slowly.But in last quarter of 2017 all crypto touch its roof.
2017 to 2018
Golden years of crypto history.Bitcoin touched 20k,ethereum up above 1k, xrp touched 3.75 dollar,steem touched 8 dollar.So, all crypto touched all time high.So many critics said that was a unethical pump of big market maker.
I will not argument with it.My point is every year with come new hope but show its own way.In 2017, we understood market will rise by seeing symptom of price at first quarter.That time bitcoin cross 2k very first time.So we were prepared for going moon.December 2017 and january 2018 was become a history.That was the final successful attempt of crypto market.
2018 to 2019
Boring time to me.Always price down and down slowly.So many crypto already down above 80%.Some people did not sell his coin when market goes moon.I am one of them.I thought market bullish momentum would stay another one year.When downtrend started then i thought price goes for correction.But i was wrong.Really i missed the golden opportunity.
I hold my coin this time.Above 24 month, crypto downtrend going on.I do not know until when it continue.
What we expect from 2020
My experience say we will see some positive movement at 2020.I do not believe price will touch moon again like 2017.But any positive symptom will boost our confidence and new investor will interested to invest crypto.
Bitcoin touched recent bottom 3k at 2019.Now btc price is 7888.So, already they start running.We have seen btc touched 13k in 2019.After that correction going on.So, next target is touch 13k again.I hope it will happen in 2020.
This things boost my confidence to re invest.But i have to over sure before invest.
I am waiting for some big fundamental news.Big government adoption and if some big company allow crypto as a exchange currency then bullish momentum will come with stability.
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