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RE: Market update friday 2nd February 2018. Cryptomarket bleeding. My strategy going forward looking at some facts.

in #bitcoin7 years ago (edited)

I think 2017 was the year of mass attention and hype and 2018 will be the year of mass adoption. Prices are tanking but the fundamentals are extremely good. Tech get improved a lot (Lightning Network, Schnor signatures, MAST, RSK) and mainstream platforms will start with BTC / crypto (Robinhood, Samsung, Line, Square).

High value transactions start to be done in BTC (Transfer soccer player, property, ship cargo) and the first big banks, governments and more and more hedge funds will enter the market.

Almost all of this is news that came out during the bear market. This divergence between price action and fundamentals is a HUGE buy signal. It could go lower than this, but long term it will certainly rocket! Accumulation / dollar average from now is the way to go, buy when blood is in the streets.

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True words! And a good addition. Thanks!