I would also like to share my predictions about upcoming 2019.And these prediction are not random, but based on my research. Tip of that iceberg as follows.
A hell lot of altcoin project will not make any more progress; or will simply disappear without any notice. And also a lot of ‘’crypto only’’ based exchanges will dry as well if not already dried. Exchanges actual pure crypto trading volume is extremely extremely extremely extremely extremely and extremely low then they are claiming. 99% of the exchanges are manipulating their volumes to attract general traders and new ICOs.
And for serious investors, it’s time to learn Futures trading & TA to make money in this bear market. Market is favoring swing trading for last few months and I don’t see any changes very soon in that trend whatever optimistic we might be. Don’t get emotionally attached to any coins, not even to BTC or ETH. Whenever the news of a project’s exit scam will start circulating or actually a project will disappear , whole crypto market will take a hit of that .Not a single coin have the ability of protect itself from that spiral circulation. In 2019, the list of this exit scam from 2018 and earlier will be so big that, news will start coming in batches instead of individually.
And trust me, majority of the projects are already closed; or most accurately, have not started at all .Just their name on coinmarketcap (CMC) list and coins are on circulation, that’s all. Social media influencers/crypto media are well aware of these, but will keep their lips shuts, as they earn from promoting, not bashing. Probably they have promoted these projects in first place, so they don’t want to lose their credit. And these scammy ICOs (which most are) are affecting overall market along few other factors. For example, I found out in this month that, at least 2 million of new tokens were added from thin air on top 100 CMC list project. Not many general investors are aware of that, let alone have the ability/interest/dedication to find it out.
Your beloved project might be a rock solid project but its price on market is not protected, other projects will affect its price. So be flippers in taking profit whatever small amount that might be. And don’t be in denial in calling stop loss, how big that might be. Don’t even think that, you have found bottom, that’s the worse we can think in crypto trading. Without fiat, we are out of game.
And lastly and more importantly, stay awaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaayyyyyyyyyyyyyyyyyyyyyyyyy from random ICOs. Cash is still king and opportunity will come if we have them, not necessarily from crypto, may be something from outside crypto world in individual life.
Cheers.
Nice analysis. It's worthy of note that most altcoins will fade away gradually with time and only Alts with great usecase that applies in real life that will survive the test of time. Swing trade has favored a lot of persons no doubt and I think that's the way to go for some time now. A hell lot of altcoin project will not make any more progress; or will simply disappear without any notice. And also a lot of ‘’crypto only’’ based exchanges will dry as well if not already dried. Exchanges actual pure crypto trading volume is extremely extremely extremely extremely extremely and extremely low then they are claiming. 99% of the exchanges are manipulating their volumes to attract general traders and new ICOs.
And for serious investors, it’s time to learn Futures trading & TA to make money in this bear market. Market is favoring swing trading for last few months and I don’t see any changes very soon in that trend whatever optimistic we might be. Don’t get emotionally attached to any coins, not even to BTC or ETH. Whenever the news of a project’s exit scam will start circulating or actually a project will disappear , whole crypto market will take a hit of that .Not a single coin have the ability of protect itself from that spiral circulation. In 2019, the list of this exit scam from 2018 and earlier will be so big that, news will start coming in batches instead of individually.
And trust me, majority of the projects are already closed; or most accurately, have not started at all .Just their name on coinmarketcap (CMC) list and coins are on circulation, that’s all. Social media influencers/crypto media are well aware of these, but will keep their lips shuts, as they earn from promoting, not bashing. Probably they have promoted these projects in first place, so they don’t want to lose their credit. And these scammy ICOs (which most are) are affecting overall market along few other factors. For example, I found out in this month that, at least 2 million of new tokens were added from thin air on top 100 CMC list project. Not many general investors are aware of that, let alone have the ability/interest/dedication to find it out.
Your beloved project might be a rock solid project but its price on market is not protected, other projects will affect its price. So be flippers in taking profit whatever small amount that might be. And don’t be in denial in calling stop loss, how big that might be. Don’t even think that, you have found bottom, that’s the worse we can think in crypto trading. Without fiat, we are out of game.
And lastly and more importantly, stay awaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaayyyyyyyyyyyyyyyyyyyyyyyyy from random ICOs. Cash is still king and opportunity will come if we have them, not necessarily from crypto, may be something from outside crypto world in individual life.
Cheers.
