The behavior of the market for some experts in crypto-money, said that this would take a long time to recover, and that it was not a temporary correction, since they considered that the correction of bitcoin would be very strong, similar to that of January 2014, which it lasted a year before recovering and increasing again. Bitcoin is still the cryptocurrency by capitalization with the highest market volume, market leader, which is why when a crash occurs many cryptocurrencies continue, some cryptocurrencies are more difficult to fall, as is DeepOnion, which is a hybrid cryptocurrency, that works in the Red Tor that guarantees the total anonymity to its users.
The causes that cause bitcoin to fall, are many factors that begin with a great growth, that, the price keeps increasing, almost in more than 800%, that is why there are many investors that are beginning in the world of cryptocurrencies and they can get quick profits, but not everything is bitcoin, there is much more, like DeepOnion, a currency that is currently undervalued, that is waiting for a big takeoff, a takeoff that many claim to reach the moon, and that can really happen, the last peak of this currency was 20$, now with all the exaggeration of the market, due to the lack of experience of many investors, most of the cryptocurrencies fell more than normal, however, the onion at this time of writing goes from $ 5$ to 6$, which is a fair price to make a large purchase of this currency, because the trend tells us that it can go up a lot, and if you buy at this time at 5.35$, the earnings will be very high. It has been seen that the market limit in cryptocurrencies has decreased considerably since its peak in early January.
When we speak in terms of bitcoin, it is difficult to give a fair price, because the fundamentals of this currency are subject to many changes, in the retailers see it as an investment to maintain it and not use it to pay for goods and services, since many people think that due to the bad news that has been given of bitcoin, it is because this currency can offer you very good things, and behind this are the cryptocurrencies.
Image 1. Storm with respect to the cryptocurrency market.
At the moment, there is great uncertainty, because the negative news affect notoriously the price of bitcoin, more and more regulations are heard in countries and prohibitions, scams related to cryptocurrencies, many economists and investors carry out campaigns where they do not advise this alternative economy .
There are many opinions of experts in cryptocurrencies, who claim that the blockchain technology will be the future, some support regulations that affirm that consumers need protection, others, that everything that has happened in the market changes are necessary changes and will bring a term of long-term stability. others support the idea of blocking the credit card so that people can protect themselves from buying speculatively.
With the idea that laws and regulations can stabilize the market in the long term is like something impossible to predict, because if we buy onions, we can be talking about short, medium and long term benefits, why? Because it is simply a currency, it is not ICO, we can not leave behind the investment of entrepreneurs in this technology, if they buy onions we can ensure a great profitability that could help them in the requirements of their companies that want to access without having to ask for a credit before a bank.
The increase in investments in cryptocurrencies, like DeepOnion, will always give a good path in the market, obtaining great results, as is being experienced at this moment, people have more confidence in the project and are seeing a very good growth in the market . Volumes, crypto connoisseurs know that good things come with blockchain technology and that projects like DeepOnion, which has great bases, will be a total success in everything, even when it finishes its Airdrops phases, now it is necessary to buy some Onions to prepare to win, if there are people who study cryptography, know that it is about to take a good turn, DeepOnion can reach a new peak, and not only by the behavior of the market, but also by the factor of improvements and special features that will have the currency, such as the launch of the wallet in the Android version, Inteligent Contracts is, Deepsend, Vote Central, if you want to have other information to invest here that are not as safe as the ones I am giving, what other cryptocurrency can you give to that specific data? Have you already bought Onion? Or are you waiting for it to reach $ 50 or $ 100 to believe? The reader who buys at this moment, I want you to write to me saying what you bought and how much you earned after a while. Surely they will be very happy and millionaire people.
Image 2. Celebration of millionaire people with DeepOnion.
Now is the time to invest in DeepOnion! Before our cryptocurrency goes up, many already want to have onions in their wallet, some have read the Whitepaper of DeepOnion, and they know the great things that are to come, if they have not read it they can go directly here: deeponion.org, and not only inquire about the Whitepaper, have the golden opportunity to register in our forums, and participate, they are very good topics that are discussed in our community, a very active community, with great participation of very kind people, and with opportunities to win onions for the contests that take place here.
Also in our bitcointalk thread you can find us, or maybe follow us on Twitter: https://twitter.com/DeepOnionx, there are many options you should know about us, once you enter, you will not want to leave, you will need time to be active and enjoying in our forums.
Onions have always been a common mans nightmare. As a vegetable it is out of ordinary mans reach due to the soaring prices and as a cryptocurrency out of common mans conprehension.
And if you're looking for the technical analysis to go alongside this then read here. Nice article by the way!
Loved the article man!