Hello Steemers,
I will share you muy opinions about cryptocurrencies today. You know that bitcoin was about 20K US dollars on January and now it is about 7K US dollars. Almost 1 of third down. Altcoins are even 6-7 times down. It is going worse everyday. We have new dips almost once every 15 days. One step forward, 2 steps backwards since 3 months. What do you think, will it go more down or this is the last dip?
Today, I will try to clarify the situation. A few days ago I went to a techno market which previously I bought a display card for mining. The boy who sells the display cards told me that he is also mining some coins. Last year there was the same situation after Christmas. He couldn't sell display cards for about 4-5 months because of the bear market on cryptocurrencies. Display card manufacturers were making big discounts to be able to sell the cards. Then, suddenly all coins started to go up up up, as a magic wand touched. And he started to sell the cards.
His idea was interesting. And maybe true. He says that graphic card manufacturers invested on cryptocurrencies. They earned both from cryptocurrency price changes and graphic card selling. 2 layers of earning. And he told that he is expecting a similar increase this year. And here is the good news. Last year, bull market started on April-May. So, it is that close.
Lets watch and see. What is your idea? Do you have big investments on cryptocoins?
