From Bull to Bear and back? The Current State of the Market

From Bull to Bear and back? The Current State of the Market

From Bull to Bear and back? The Current State of the Market

As all of you undoubtedly know, cryptocurrency has been in a downward spiral. Almost as quickly as the bull came into the picture last year has it gotten pushed out of that same picture by the bear this year. This sure has had its impact on the potential of quality projects and even more so on a myriad of bad ones. However, it is important to remember that crypto moves in cycles, just like any other market. Does this mean that the prices are going to move up again? No necessarily. What is also does not mean is that the state of the market is a measure of the quality and potential that lies out there. On the contrary, as the environment becomes tougher, so does the natural selection on projects. The cream always rises to the top. Over the past year I have seen more sophisticated, well thought through projects than I saw the year before.

When it comes to the market it is and always has been speculation. Certainty is not a feat that we get to enjoy in this industry. For that reason, my modus operandi has always been to invest in projects that excite me because of what they represent beyond solely monetary gain. Invest in something you are comfortable sticking with on the longer term. This way you will find those bear markets just a little easier to get through.

Expert opinion by Bas Geelen for ICO Market Weekly Review #36.

13 Dec 2018 ICObenchBlockchainCrypto



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