Every year the cryptocurrency market takes a plunge. Why is this? Investors at the beginning of the year are taking their profits, causing weak hands to panic sell. January is known as the "Sea of red" as many investors are scared of losing their investment. At a time like this you must HODL as it is too late too sell. Holding for dear life may take a lot of nerve but at this point it is what is necessary. We survived the hard times of January, but its not over yet.
As we enter February we must have our fiat ready and easily accessible. February is the month in which the crypto market begins to see life again, as many people who sold and collected profits start to buy their favorite coins again for a cheaper price. Not only will we see massive increases in the crypto market we will see mass adoption of these coins in 2018 as more countries regulate crypto. Cryptocurrency is the future, although we are not sure what the future is entitled too, we must all agree that the block chain does fix real world issues.
Issues like, Banking and Payments, Cyber security, Supply chain management, forecasting, Networking and Iot, Insurance, Private transport and ride sharing, Online date storage, Charity, Voting, Government, Public benefits, Healthcare, Energy management, Online music, retail, etc. The list never ends block chain will solve all these issues, here is how.
Banking and payments : "The blockchain will do to banking what the internet did to media", The blockchain banks the unbanked. Like people in 3rd world countries who don't have access to traditional banking. Most banks will be forced to use the blockchain, applying less fees and faster transaction times globally.
Cyber Security : Data is verified and secured using cryptography, which is resistant to unauthorized changes and hacks, the blockchain eliminates middlemen which is the main cause for your information to be hacked.
Supply chain management : Transactions are documented in a permanent decentralized record, and monitored securely and transparently. Which will greatly reduce time delays in human mistakes, monitor costs, labor, and waste admission. Verify authenticity or fair trade status of products by tracking them from the origin.
Forecasting - Blockchain will change how we do research, consulting, analysis and forecasting.
Networking and IOT - Samsung and IBM want to create a decentralized network of IOT devices using the blockchain which eliminate the need for a central location to handle communications for IOT devices. These devices could communicate directly, update software, manage bugs, and monitor energy usage.
Private transport and ride sharing : p2p ride sharing apps, allowing both car owners and users to arrange terms in a secure way without going through a platform like UBER.
Cloud storage: Centralized servers are vulnerable to hacking, data loss, and human error. Block chain allows cloud storage to be more secure against attacks.
Charity: Ends corrupt charity funds to make sure that your donation will end up in the right hands, not the corrupt.
Voting: Blockchain can be used for voter registration, verification, and vote counting. Creating publicly-view able ledgers of recorded votes world make elections more fair and democratic.
Government: Slow and easily corrupted. Blockchain can reduce bureaucracy and increase security of governmental operations. Dubai will have all government documents on the blockchain by 2020.
Healthcare: Hospitals need a secure platform to store and share sensitive data.
Don't follow the market, follow the future.
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you are convinced that this is the final ?
We may have a little bit more to go, but this is the month we begin too see growth again.
We'll recover for sure!