The Good, the Bad and the Crypto (Dinero Presale Hint)
“Well, obviously we have a FUDist in Crypto Park. He’s climbin’ in your windows, he’s snatchin’ your people up, tryin’ to FUD’em. So y’all need to hide your kids, hide your wife, and hide your husband cause they’re FUDing’ everybody out here.”
You might not be geeky enough to know or remember from where these words are (google it) but they are kind of fitting concerning the current crypto market state (FUD all over the place).
It is almost impossible NOT to feel peoples everyday bad mood when it comes to a topic of cryptocurrencies. A lot of people are suffering from their recent coin losses and they don’t see the light at the end of the tunnel.
That being said, it is important to understand WHY the situation is like that and WHY it will get better.
There are more reasons for the bad mood(for example bitconnects scheme) but there is probably one, most important: Majority of people who are in red now came to crypto world only recently.
There was a lot of media pumping, a lot of hyping and a lot of blind buying in Q4/2017, especially in the December when the majority of coin prices were ATH. Even birds on trees were talking about cryptocurrencies. Many of the new crypto Investors came when the coin price were near the moon and without much (or any) knowledge about related world (blockhain, cryptocurrencies, etc).
The high growth of Bitcoin and all the other cryptocurrencies was not organic (natural) and as such it was simply not sustainable. Of course there are other semi-related/related elements that are driving FUD, like recent stock market fall, various political decisions (primarily coming from US), etc.
What is happening now is a natural correction.
It is hard to be positive when you see your loses BUT please keep in mind that things WILL get better, and that the ONLY cure is what we all don’t like so much: to wait (time).
Blokchain technology is still very young and it is here to STAY (mark our words)!
Our advice for all you folks who’s portfolios are in RED is: Please be patient!
Crypto market will correct itself and will grow back organically. Here’s a fact to think about: Today’s market cap is twice the size that it was this time previous year.
There were so many great projects last year that are now being shaped in reality (products are being finished, tested, clients are being prospected, etc.) and when those project start doing business this year you will see a fine market recovery!
Our estimation is that such market healing will happen no sooner than summer this year (few months from now), and for that reason we decided to postpone our Crowdsale launch and introduce Presale with good bonus for all you great folks who support us!
We’ll write a new article here regarding that subject and provide you more details.
For now, please forgive us for the click-bating title!
