I see that Facebook are banning all crypto, bitcoin, ico adds! I think this is only temporary until they figure out how to get rid of all the scam crypto promotions! Good luck there Facebook that’s going to be hell of a challenge. Therefore I don’t see Facebook promoting crypto for a very long time.
It’s hard times with this bear market at the moment, I don’t know anyone else, but I’m making losses at the moment. I’m not really losing though as i only originally invest 3k into crypto at the start of 2017, and made multiple times my money, and it paid for an extension and garage conversion and furniture on the home without having to take out a loan.
Last week my remaining portfolio is a few thousand, which seems to dwindling south, and as all my crypto is tied up in coins and ICO’s I’m unable to make any moves. I don’t want to move FIAT I’m as I’m in free money, but with the Tether FUD and constant regulation, I’m not to sure how long the bear market will continue. I think everyone is expecting it to turn round in the next week, but I wouldn’t be surprised if it last a good year or more. Reason being if people are in my situation they are able to more funds round as this will take them from the HODL position and therefore they lose. It’s a bear market also so the average person is more reluctant to add additional FIAT, as money for food is always priority! With all the FUD and Tether business I can’t see much new money coming into crypto for a long time.
I believe crypto will be back as blockchain technology is the next step in evolutionary advancement of the humble database. I just think until people understand the technology instead of gambling for quick profits, with no idea what crypto is really all about, we will be waiting a long time for our bull run.
This is just my opinion, I’m hoping I’m totally wrong, I normally am! 😀
