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Topic: Cryptocurrencies Could Outperform All Other Assets in 2019 (Read 230 times)

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
looking at numbers alone are meaningless.  otherwise if numbers are the only thing you care about then altcoins have been outperforming everything else in 2018 too! even amongst the dumps we had HUGE pumps where they went up more than 1000% and gave profit to pumpers.

what you should be looking at instead, is the risk + the profit. in that case you can see that altcoins are not really outperforming anything.
it is like lotteries, a legitimate one has a winner and the winner is making a HUGE amount of money by "investing" so little. but that doesn't mean lotteries are outperforming other investments!
Exactly, even during the difficult market conditions that we have experienced there have been altcoins that gave huge profits to those that invested in them, but there doesn't seem to be any reason that we can give to know why this is happening, so all of those that are investing in altcoins that are relatively new are depending on their luck and at that moment you are no longer investing you are just playing lottery.
member
Activity: 322
Merit: 43
As other asset markets, particularly the stock markets, enter a bear market some believe cryptocurrencies have a chance at being the best performing asset class next year.

There's no guarantee for anything. We'll have to see what the future holds.

However, indeed the stock market seems to getting close to a bad period (crash). Too many predict it.


Stock market is due for a big crash, not that I wish it will happen but many experts predict it indeed. Now the question is: how the crypto market will react if such crash happens eventually? We have no history so far, but I hope it won't be too bad for cyptocurrencies.

Usually people most prefer getting into real estate or gold when such crash happens.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
As other asset markets, particularly the stock markets, enter a bear market some believe cryptocurrencies have a chance at being the best performing asset class next year.

There's no guarantee for anything. We'll have to see what the future holds.

However, indeed the stock market seems to getting close to a bad period (crash). Too many predict it.

On the other hand crypto market behaves strange. It already had quite a crash (or bubble burst, depending on who are you asking) and may start recovering, although it's still far from certain the crash is over.
Also crypto behaves strange. At some point it behaved completely decoupled from stocks, then for some months they gave the impression they got coupled, then lately, decoupled again.

So the bigger chance is that they are decoupled and then indeed, whether the crypto performance will be big or modest in 2019, they still may outperform the stocks.
full member
Activity: 308
Merit: 105
Crypto has probably performed all other assets every year since its incubation but that doesn't mean people will suddenly transition to crypto. It is a different type of asset with different allures and different risks involved, some will be better suited to crypto and some to assets like stocks or real estate.
hero member
Activity: 1470
Merit: 655
...
what you should be looking at instead, is the risk + the profit. in that case you can see that altcoins are not really outperforming anything.
it is like lotteries, a legitimate one has a winner and the winner is making a HUGE amount of money by "investing" so little. but that doesn't mean lotteries are outperforming other investments!
This may be true. But to prove the need for numbers. The numbers for each investor may be different. It depends on how the investor chooses the assets to buy.

One thing is clear: the blockchain will be used in various industries. But for now it is difficult to say what role crypto assets will play in the global economy.

actually that is not clear at all!
most of the industries don't even need the blockchain technology and many of them can't even use it even if they wanted to. you see, the blockchain technology is not some magical solution that can be applied to "everything" it has limited usages and can only shine in those areas not everywhere else.
newbie
Activity: 15
Merit: 0
IMO, the crypto space is a tantalizing alternative for everyone that dabbles in trade. Within the last few days, the stocks plummeted in a very long time and people are still recovering. It will for sure go back up again; however, alternatives are always a good thing because it gives the people a choice. And that sparks competition which can be the driving force for growth. In terms of outperforming all other asset class; this is something to look forward to on the long term because the biggest asset class in the coming years is going to be data: lots of it. Whoever holds valuable data will be up in assets as corporations want that  data to better know and predict whatever might be going on in the future or whatever else said data maybe useful for. For the short term it might prove difficult to say that the crypto market will outperform all other asset class as there are wayy too many variables that can affect and change all the different markets in which you can trade. Especially the crypto market as again, there is just not enough data to concretely make such bold claims.
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
Potentially yes crypto market does offer huge profit and investment potential but whether it will outperform all other markets or not is a complex question and its answer remains to be seen. Some financial experts are predicting recession and turmoil in world economy once again that is why they think that in such condition crypto market can boom because people will look at alternative investments to avoid massive dumps in other markets, lets see what happens in new year.
full member
Activity: 560
Merit: 165
Not too sure about 2019, it could be a transitional year. I think 2020 will be very good.

It also depends a lot on the ETF decision (February).

I saw this picture earlier this month on here:
~snip~

While it cannot be 100% exact, it is a good basis to forecast the possible price of Bitcoin.

Of course I am aware you are talking about the whole crypto market, but if Bitcoin does well, most of the other coins have a better chance to do well too. I am personally not expecting too many great things for 2019 but I will hold for 2020 and see how it goes from there.

I think this is a prediction, I hope that period will come sooner, because cryto adoption has been done a lot, and many institutions continue to provide positive news in 2019
hero member
Activity: 1218
Merit: 513
If you mean to Outperform all other asset in Outperform... then I agree.
2019 will e a tough year both for crypto and stock markets. Both are showing weakness. By all means (sanctions over Russia, Iran and more) should make Bitcoin over 10K up to now. And you can see that it's barely holding the 3.5K barrier.
full member
Activity: 392
Merit: 100
All this while reflections that cause only a smile. The same gold or stock is much more stable and will bring more confidence in profits than any cryptoactive.
copper member
Activity: 798
Merit: 3
If the cycle will change then only the crypto will outperform in the 2019. But I think there will be no bull run in this short period as the super bull run already gone from the previous year. The next bull run if come it will take a minimum of three years 5 years. Maybe the Bitcoin price touch again the $20,000 but wouldn't surpass this level.
member
Activity: 322
Merit: 43
Not too sure about 2019, it could be a transitional year. I think 2020 will be very good.

It also depends a lot on the ETF decision (February).

I saw this picture earlier this month on here:


While it cannot be 100% exact, it is a good basis to forecast the possible price of Bitcoin.

Of course I am aware you are talking about the whole crypto market, but if Bitcoin does well, most of the other coins have a better chance to do well too. I am personally not expecting too many great things for 2019 but I will hold for 2020 and see how it goes from there.
copper member
Activity: 258
Merit: 1
Yes, especially those crytpos that has their projects out yet, like ledu.
member
Activity: 686
Merit: 11
...
what you should be looking at instead, is the risk + the profit. in that case you can see that altcoins are not really outperforming anything.
it is like lotteries, a legitimate one has a winner and the winner is making a HUGE amount of money by "investing" so little. but that doesn't mean lotteries are outperforming other investments!
This may be true. But to prove the need for numbers. The numbers for each investor may be different. It depends on how the investor chooses the assets to buy.

One thing is clear: the blockchain will be used in various industries. But for now it is difficult to say what role crypto assets will play in the global economy.
hero member
Activity: 1470
Merit: 655
looking at numbers alone are meaningless.  otherwise if numbers are the only thing you care about then altcoins have been outperforming everything else in 2018 too! even amongst the dumps we had HUGE pumps where they went up more than 1000% and gave profit to pumpers.

what you should be looking at instead, is the risk + the profit. in that case you can see that altcoins are not really outperforming anything.
it is like lotteries, a legitimate one has a winner and the winner is making a HUGE amount of money by "investing" so little. but that doesn't mean lotteries are outperforming other investments!
copper member
Activity: 658
Merit: 284


As other asset markets, particularly the stock markets, enter a bear market some believe cryptocurrencies have a chance at being the best performing asset class next year.

Travis Kling, a self-proclaimed ex-equities portfolio manager who “fell down the crypto rabbit hole” and is now heading up the cryptocurrency asset management firm Ikigai, tweeted today:

    Crypto has never existed during a bear market in traditional assets.

    BTC was birthed at the very beginning of the largest monetary experiment ever- globally coordinated QE. Ending QE is causing pain

    There is a significant chance Crypto is the best performing asset class in 2019 pic.twitter.com/vIdKTrm5sV

    — Travis Kling (@Travis_Kling) December 23, 2018

The U.S Federal Reserve began quantitative easing (QE) ten years ago, lowering interest rates and buying trillions of dollars’ worth of government bonds and mortgage-backed securities. The move potentially saved the U.S from major depression. Other global economies followed suit in buying bonds and increasing market liquidity in order to fuel economic growth.


Could Quantitative Tightening Inspire Investors to Choose Digital and Decentralized?
In late 2017, the Federal Reserve began to let its holdings mature without reinvesting. The U.S was the first to end quantitative easing moving instead to the opposite – quantitative tightening. The Bank of Japan (BOJ) and the European Central Bank (ECB) also slowed bond purchases in 2018.



Central Bank Assets Source: Bloomberg


Bloomberg Economics declared October 2018 as the month the world’s largest central banks collectively started to decline their bond holdings. Though the ECB and BOJ are still scaling back rather than releasing holdings.

With the U.S leading, interest rate rises are a further sign of “normalization” a process of allowing economies to operate under their own steam without central bank intervention. It’s this, combined with other factors, that’s causing fear of global recession and impacting global asset markets.

Cryptocurrencies emerged in 2009, just after QE began and, Kling is right, have not existed in a traditional asset bear market. Kling also agreed that this year’s developing bear market has impacted cryptocurrency performance and as a risky asset they could also see further impact:

    “It would make complete sense to me that crypto would bottom out months before traditional asset classes.”

After Kling’s tweet, the resulting conversation on Twitter held mixed opinions. Some believe cryptocurrencies could continue to fall and be the “worst” performing asset class out of a global economy of bad-performers. Others think that once again believers in this new digital asset class, out of the control of central government manipulation, will lead the charge and spur a reversal of the cryptocurrency market.



Cryptocurrency Market Capitalization Source: CoinMarketCap


This reversal may already be happening, over $30 billion has re-entered the cryptocurrency market in the past week as other asset markets plummet. Outperforming all other assets in 2019 would forever cement the role of cryptocurrencies in global economies. Time will indeed tell.


Reference: https://www.ccn.com/cryptocurrencies-could-outperform-all-other-assets-in-2019/
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