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RE: Price Targets for the Crypto Market

in #finance7 years ago

I have been patiently seeing all my ships sink since the end of December. It's temporary of course. I have purchased some coins in the bear market already and there's absolutely nothing left with me except the option to wait and see.

I do think that the stronger projects with actual value will stay strong and will find resistence and support going ahead into next week and month.

It's the crappy, overhyped, overpriced projects which will see more downside action still. Tron comes to my mind. There are tons more within and outside the top 100 coins which should see more correction and they most probably will.

Projects like STEEM, Lisk, Bitshares, SMART, EOS, Vechain, even Cardano, and many more will get more attention and investment in the next big cycle. That's what I strongly believe.

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Exactly right. The market is shifting away from emotion. This means those with strong fundamentals will succeed, while the rest will fade away. Isn't that exactly how it should be?

Not quite exactly as it should be.
If recreational investors will go away, only whales will be left to manipulate the prices and make money on huge swings. :)