After two sessions with strong crashes in cryptocurrencies, great players of the market appear again taking advantage of opportunity purchases.
Those who yesterday were not afraid and bought, sure they will have "celebrated" on this day. Some Tokens of the big ones have had increases of more than 50% (Ripple and Tron), a performance too good for a single day.
I think that these last sessions in the cryptocurrency market have to lead us to reflect on some issues, which I will try to summarize in 3 points ...
The market for cryptocurrencies is very young and speculative , so any negative comment affects it squarely and instantly. For example, for China to say that it can ban cryptocurrencies is not a minor fact. Once the news is assimilated what happens must pass, everything is accommodated again.
Investments in Tokens are high risk . If you can not see your investments in cryptocurrencies falling by 50% in one day, better not invest in this market.
Be informed 24 hours . In a market as volatile and speculative as that of cryptocurrencies you must follow it 24X7. Reading daily sites such as CryptoTendence can be a good idea to know what is happening in the ecosystem.
Personally, I think 2018 will be an important year for cryptocurrencies, since the filter will start to know which projects have a future and which do not. This will decide as always the market.
The biggest and most solid projects are: Bitcoin, Ethereum, Ripple and IOTA. There are many others like Bitcoin Cash, Litecoin, Dash, etc, but for the moment I'm left with the big 4 that I mentioned.
In the chart below you can see how billions of dollars entered the cryptocurrency market in just one day.
the world of crypto is for those with a big heart, cos doin the dip, i got as many ripple as i could, for long term investment, when its get to 3 dollars again , i will sel it off, i will make enough from the past dipped
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