Crypto Consolidation Takes So Long

in #steemthat7 years ago (edited)

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"Consolidation. Consolidation, you're making me wait."

I think Carly Simon actually sang about Anticipation and it was used to sell ketchup. At this point, Consolidation and Anticipation mean the same thing in my mind as I patiently, with tongue in cheek, wait for my cryptocoins to come out of their consolidation hibernation and begin to unfold their wings. Too much metaphor? Imagine sitting around waiting for consolidation to end so you can unlock all those riches you planned on spending months ago.

I was one of those silly people who saw all of the explosive growth in November and December 2017 and thought "this can never end." Of course, I also bought into the Silicon Vally hype and the housing bubble. Call me daft, but three times is the charm, and I have learned there is never a pot of gold waiting at the end of the rainbow.

The only thing I found was a bunch of excuses as to why a bear market tore through the cryptocoin realm in January 2018. For what it's worth, I think it's time for Asia to move past the New Year celebrations and get back to pumping the market. Bitcoin to 35,000!

I doubt this wishing will move the coins forward, but it's worth a try. In the meantime, I'll just wait.

"Consolidation. Consolidation, you're making me wait."

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very good analysis have a great day