Cryptocurrency set to hit new record highs!

Over the past few months Cryptocurrency has had a wild run. With Cardano hitting an all new low of eighteen cents, it being the 6th best alt-coin making many investors excited about its Gold-plated potential. Bitcoin and most alt-coins have tanked dramatically since it’s seemingly prosperous rise back in late January and early February. Many investors are skeptical about Cryptocurrency and its ability to bounce back. But the more wealthy crypto investors are not worried about the Crypto-Market. Because as the cryptocurrency world starts a volitile path toward its biggest correction in history, investors are saddling up for the ride. Surprisingly Bitcoin has had major declines in the year 2017, as many as up to five. And much of this decline is due to uncertain major investors, and the loss of these wealthier investors has been extremely damaging to the upward trend of all crypto-currencies. People are starting to see that it isn’t just Bitcoin that we should be looking at, but also all of the alt-coins that come with it. Most alt-coins trade under Bitcoin, and because of this they will fall and rise as much as bitcoin does.

It is interesting once you understand that the cryptocurrency market is like one big wave, and the whole market increases or decreases in unity. That is why phrases are used like “holding on to the spaceship” and it means to hold on for the ride. This is where volatility comes in, and that is what excites new investors as well as old ones. Crypto gives off that “get rich quick” feeling, and it is an addictive feeling that spreads like wild fire in the crypto community. Ripple satisfied lucky investors cravings to make some quick cash when it spiked in 2017. But in 2018 the crypto-market has been quiet and the supply of patience investors must have has all but ran out. There is a yearning for Crypto-currency to boom back, but all we can do is wait.