Why Long-term Crypto Investors Should Capitalize on the Ongoing Bearish Market Trend

2018-9-12 22:39

The current bearish market trend in the cryptocurrency industry has left many enthusiasts pondering how long this plummeting will continue, or if the markets will ever pick up again. To make matters worse, some experts are alleging that Bitcoin is on its deathbed, and the recent drastic decline in the coin’s value seems to affirm this belief.

Typically, the crypto space always has a flurry of speculations fronted by self-acclaimed pundits, regardless of whether the markets are flourishing or declining. When the market was undergoing a bullish trend, these speculators hyped up cryptocurrencies as the greatest discovery of modern times. Now that the markets are bearish, the same people have started spewing negativities about Bitcoin and other digital currencies, saying that their days are numbered.

The negative speculation is contributing significantly to the bearish trends, as many investors are being discouraged from investing in crypto assets. Volatility is a typical characteristic of the digital currency sector. Therefore, long-term investors should not have concerns over it because blockchain technology is still in its nascent stages and will eventually become mainstream.

To put this into perspective, many companies that invested in blockchain solution have not given up on them: in fact, they are thriving at an encouraging pace.

Long-term investors should realize that the current lows are an opportunity to grab digital assets at an affordable price. As the markets mature and blockchain technology stabilizes, the prices of digital assets will soar by a substantial margin. When that time comes, these investors can sell their assets at huge profits. However, it is advisable to invest what you can afford to lose, since crypto investments are similar to gambling.

Investors who spent their savings on cryptocurrencies are the ones that are currently sulking at the markets because they hoped to become millionaires within an incredibly short period. Instead, the volatility and immaturity of the markets made away with their hard-earned money.

It is worth noting that institutional investors will not pump in colossal amounts of money into the crypto markets until the prices sink low enough. That being said, if the money is invested, the prices will go up once again. Nonetheless, companies have not indicated any intentions of abandoning cryptos and blockchain technology. Rather, most of these enterprises have set their eyes on the future when the technology matures. This patience is in itself a sufficient proof that crypto assets are still deemed as a viable investment.

As of now, it is the short-term investors who perceived crypto investments as a shortcut to riches that are losing their money. On the other hand, long-term investors who believe in the potential of blockchain technology are confident in the eventual profitability of their investments.

In due course, Bitcoin and other altcoins will join to form a single digital currency that is universally accepted as an exchange medium and is free of bureaucratic control.

Although this might take time, it is definitely worth waiting for because the value of the coins will have increased by a margin that is currently inconceivable.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 66836.04 (+0.01%)
Объем 24H $16.511b
Изменеия 24h: -0.06 %, 7d: 8.55 %
Cегодня L: $66750.27 - H: $67668.16
Капитализация $1316.7b Rank 1
Цена в час новости $ 6509.73 (926.71%)

bearish market trend experts alleging again bitcoin

bearish market → Результатов: 126


Фото:

World’s Most Expensive CryptoKitty Sold For 600 ETH ($170,000)

The 896,775th CryptoKitty Sells For 600 ETH Even amidst a bearish market, some users still seem to want to pour their hard-earned crypto funds into popular DApps and smart contracts. As reported by CNET, the 896,775th CryptoKitty, named Dragon, has just been sold for 600 Ethereum (ETH) or the equivalent of $172,000 at the time […] The post World’s Most Expensive CryptoKitty Sold For 600 ETH ($170,000) appeared first on Ethereum World News.

2018-9-6 23:37


Crypto Derivatives Trading Labeled Toxic as Synthetic Bitcoins Claimed Lethal

Synthetic Bitcoins Are Much More Dangerous Than Real Ones Derivatives trading has been going through a phase of resurrection as of late. The reversal in the crypto market, from bullish to bearish, has resulted in the traders increasing the leverage and rushing to swap BTC derivatives that promise greater risk and reward. Even though platforms […]

2018-8-28 20:39


Фото:

Bitcoin Price Analysis: High Shorts Count Could Signal Price Hike

Once again, bitcoin finds itself precariously perched on the bottom of its macro trading range (TR). After a strong round of selling over the course of two weeks plunged the price back to the $6,000s, bitcoin began consolidating for several weeks at the bottom of the TR:Figure 1: BTC-USD, 1-Day Candles, Macro TRAs shown in the figure above, the market has interacted several times at the current price range and it has been a source of three major bullish rallies.

2018-8-25 00:42


Фото:

Why Price Actions and the Blockchain Ecosystem Offer Two Distinct Narratives

Although the cryptocurrency industry is experiencing a bearish market, the broader blockchain ecosystem is snowballing and reaching a point of maturity. Assessing the growth of the blockchain industry by focusing on the cryptocurrency market is thus a misleading metric as the technology is thriving in the broader fintech ecosystem.

2018-8-25 00:00


Фото:

Crypto Execs Remains Bullish, Even Amidst Bearish Setbacks

The cryptocurrency market has had its fair share of fluctuation in the past year or two, with the price of crypto assets reaching all-time highs, just to crash by over 70% subsequently. While this near-unpredictable price action has irked some shorter-term investors (speculative traders), two crypto-centric company execs, Hunter Horsley of Bitwise and Spencer Bogart […] The post Crypto Execs Remains Bullish, Even Amidst Bearish Setbacks appeared first on Ethereum World News.

2018-8-21 02:49


Crypto Trading Revenue to Double in 2018 Despite Bearish Market, Analysts Predict

Crypto prices have risen to dizzying heights and then gone through bearish times over the years. Traders have made millions of dollars and others have lost just as much. Some institutions have hailed cryptos as the next big thing while others have banished them, terming them bubbles and scams. However, there has been one market […]

2018-8-20 17:00