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RE: As it turns out, February 6th was indeed a very important day for Cryptocurrencies!

in #cryptocurrency7 years ago

I really hope you are right about the bottom being in (I think you are). In addition to new Chinese money, we have all the new users added over the past 6 months by the exchanges. They have also beefed up staff so new sign ups should get accounts quicker. Added to all the new apps such as Robin Hood etc which are adding crypto support and you have a mass of new ebterabts able to buy in when the price starts to move! That has to be positive for prices!!

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My thoughts exactly. Sprinkle in some large tax returns coming in the next few months for US citizens and we have the recipe for a very good spring for cryptocurrencies. :)

We will look back at this time of 2018 , at the end of 2018 and think why were we even worried lol... just hold.

I think you could be right. Got the past few years, btc has dropped at the start of the year, only to go on and do well for the rest of the year. I’m not worried and won’t be selling yet!