Well, the cryptocurrency markets are seeing a shakeout happening still. The interesting part is that Bitcoin's dominance has gone up. The good news is that the marketplace is around where it was in November of 2017. So, some people thought that they were late to the party...well, right now, it is like getting in "early" before the second boom. We don't see the market going too much lower before heading back up, though it may bounce within a certain range for a bit.
There are no guarantees in life, but we do think the market will head back up. This is such a revolutionary technology that has made such a big splash in the pond that it will keep going. Patience is a part of the game.
One key thing to remember though is that many of these cryptos are absolute junk. An analyst said one thing interesting...that there could be $100 billion or more of junk coins to be shaken out of the marketplace before things go back up. This also explain's BTC's dominance going back up.
Also, keep in mind that the regular stock market has been getting hammered as well.
So, we continue to build our portfolio's and trade the bounces. We put some information out there about how to profit during these times where the market is flat, and we will have more information on that this week, so, keep you eyes peeled!
well said, although I missed the "voting window" anyways, the boom and bust shouldn't matter, what matters is what changes, currently people are ok with being "taken care of" and "provided security" BTC probably dominates because it's still the first and what everyone says and thinks when they think cryptocurrency