Whatever we write or say, it won't change the market but maybe I can change your view a little bit. It has been very hard to see a downtrend for weeks.
But, check this link https://coinmarketcap.com/historical/20170312/
This was market situation 365 days ago. Just check the prices!
Someone will say we are still too high it can dump even more! Yes and No!
We will just tell you that there is a huge community that is waiting to buy BTC at $5-7k so expecting BTC under $5k is not realistic for me.
If you are thinking to sell something, friendly advice, do not do that! We are very low, what will you do if you sell in 50% loss or 80% loss? I would rather lose 100%, then claim 20% of my investment. Maybe we are a different type of person, but what will you get if you sell now?
First, you will lose money. Secondly, you will lose faith and dream to make big gains in crypto. Maybe, for you it looks impossible to recover your loss of to make 10x from your current portfolio, but it is because of you are posting your targets in next 15 days, 30 days. It is too small time period. You can gain 20% or 30%, but miracle can't happen. Crypto is very volatile, but do not overestimate it! It can make 10x in 6 months, but do not expect in 6 weeks (maybe it is possible but in situations like December 2017).
So, our current opinion and advice:
BTC dominance started to rise again. It is around or a little bit under 43%. So, we can expect alts even cheaper in BTC price. But, this is if you want to catch the bottom. Whatever you buy now it will make you profit in BTC value for sure.
Now is the time for education. I told this hundred time. If you can't make money, then you can at least improve your skills because mark my words " Crypto is here to stay!!! ".
We are waiting for that big move that will increase volume of the market and possible cause trend reverse. At the moment, market volume is too low, but it won't be low forever. Be strong!
Cool, following you. Whats your current favorite coin/token?
for now, it is neo
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