The Crypto Market is showing maturity
The first 3 months of this year was a very tough time for whole crypto arena. There was bad news all around. As a result the crypto market faced the historical price fall. But the crypto market has been matured after the obvious price correction. To me the most notable outcome of the situation is the deduction of panic investors.
With the skyrocket of cryptos in the first half of December, a price correction was a must. Along with that bad news from everywhere staated to break. As a resutl there was a huge price fall. The panic investors started feeling fear. Eventually, there was a huge sell off. After the panic investors getting out of the market, the market has been more matured. Now the market doesn't go to the moon within a very short period of time and it doesn't fall radically. This sign of maturity has been perceived with the bad comment of Warren Buffett very lately. As the market is free from panic investors, his bad comment can't move the market. Now the market is going slow and steady and we all know that 'Slow and Steady wins the race'. Best wishes to the upholder of a new technology.
We re not yet matured but we re going there, still need more adoption through more public blockchain use cases through :social network, gaming, entreprise , protocols dapps hosting , logisitics, private data decentralized market place , auditing and so on and so forth. The future is brilliant for top public blockchain projects , Imho namely : Neo , Ont , Ven , Eos , Eth, Icx , and many others
hayekenshort, I completely agree with you. You are right that the market has not been reached to the highest level of maturity but you will also agree that it is more matured than it was just a few weeks before. Thanks for your valuable opinion.
Important business
Thanks
Important post. Thanks for sharing ❤
You are most welcome Nasir Uddin. Hope you will support me. Thanks
Post such as this gives me hope and make me believe in the @cryptocurrency thanks for sharing @baten
@malbangs you are welcome. I believe the future of crypto is very bright.