2020 is Gearing Up to Be The "Big One" for Crypto... and Not Only BTC
Low prices, blood on the streets, regulatory FUD. This year seems to be one long primer for 2020, a year which I am now convinced will be huge for the crypto markets. So I suggest to simply ride out the rest of 2019 and HODL like a bat outta hell. Choosing projects with a legitimate use-case could turn out to be highly beneficial come the next bull run in the alts approaches, but at the same time nothing is certain until it is. We can only do what we feel is right at the time, which is the present.
Right now, we are slap bang in the midst of Bitcoin maximalism. A term which I find stinks of absolute BS. Most of the popular crypto YouTubers out there that used to be shilling other "incredible" altcoin projects have now conveniently abandoned ship and sailed over to BTC. Their brand new spiel is that Bitcoin is the be all and end all of crypto. So much for loyality, eh? Now let me get this straight. Once big money starts to flow back in the crypto markets, nobody will bat an eyelid at other legit tokens that have not only being developing like crazy but also been serving a sizable community? Pure rubbish. I believe a selection of alts are currently being primed for the market turn and whilst we may not see the euphoria of 2017, it certainly won't just be Bitcoin at the helm.
I give these markets up until the end of 2019 to the start of 2020 to show any sign of a turnaround in sentiment. We got Libra being introduced the first quarter of 2020 which should point plenty of new crypto-starved eyes in our direction. Then there's "The Halvening" which, by definition, will also bring more investment into the crypto space. And not only Bitcoin, might I add. That's all besides the masses of institutional money waiting in the wings to show it's hand too. And from a technical charting perspective, we've had an extremely overextended bear run that simply has to reverse to the upside, if not just to reset the indicators. I've seen it thousands of times on many charts in the past. I don't see why this time around should be any different.
So please, don't buy into the "end of altcoins" narrative. It's just a bunch of unsubstantiated baloney. How anyone can make a solid judgment call on the future movements of crypto in general, is living in a state of delirium. However many will start buying into what they hear and thus, loads more "dumb" money will come flooding in. And again, don't tell me that it'll only be Bitcoin. I mean by sheer numbers alone, people will love to accumulate more. Why buy only "one" of this when I can buy "thousands" of these! Yeah, speculation will be rife with reasoning like this and it is on it's way.
But for us seasoned veterans who have seen it all and still wear our badges of survival with pride, the strategy is clear. Invest whilst the prices are low and don't miss out on a second chance at financial freedom. It's a game for the taking at the moment. Don't listen to nonsensical statements made by "expert" Youtubers or propaganda you hear in the media. Put some capital down in projects deemed worthy in your eyes and wait it out. We still have a few months left, by my calculations. Make no mistake, the moon is still well and truly in sight for all of us.
To listen to the audio version of this article click on the play image.
Brought to you by @tts. If you find it useful please consider upvoting this reply.
agree with you why only one we can many...
Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 9.15% upvote! Together, let’s change the world!