simoilmari posted: Good question, no one can view the future...
Probably only a few of cryptos currencies will survive and will be used in the future, but it doesn't mean that it's value will grow up...
That it will recover soon I'm in doubt but that it will recover there is a possibility.
Good luck !
It is very unfortunate for people like me who recently jumped into the Crypto market thinking of gains. Lol. Thank god I did not put my lafe savings into it. I’m not very happy with the loss but it’s not that I can’t recover it from other trading activities.
marindateal posted: The crypto market is highly volatile. The crashes are deep but it takes no time for the bull run to make a return. The recent market performance is proof to it .
I have been trading in crypto for a while now and I think its volatility is what makes it special . But with such regular crashes it also brings a lot of doubts in the minds of the people , whether it is really a good deal to risk their money.
@marcusobrien These short term fluctuations are a part and parcel of the cryptomarket. A trader always enters the market after much thought. These temporary situations should not weigh him down as much as to rethink his decision whether it's worth it or not.
croisssan posted: I think that now the cryptocurrency is at the start stage. It's still a long way to death.
Not everything is born to die. Besides being a convenient method of payment, cryptocurrency is a revolution. Also, blockchain technology has a huge potential. We can only expect it to grow and develop into something more useful instead of disappearing someday.
I don't think that crypto is dead or it's going the end. Nowadays we can see the correction on the crypto market and it's okay. The market is tired because of huge impulses downward and upward, so now there is a period of consolidation. Actually, it's kinda tough to speak about crypto death, because the market is pretty fresh. It exists only ten years and I don't think it will extinct sometimes. In my opinion, nowadays you have a great chance to enter this market in order to provide yourself with funds in future.
I don’t think crypto will ever die. Although we can expect some changes in the whole process of how it operates. Given its volatile nature, it’s natural for the crypto market to fall sometimes but as quickly as it drops, it climbs back just as rapidly.