The big question now in the market is whether the last year’s rise in valuation of coins was a mere bubble. Which of late has faded away. I am not sure what to say currently.
The Altcoin market was created on a belief speculation and fun, ex: Dodge Coin and many more. People saw great investment in ICO, where the investment sky rocketed in terms of the return. However, now we see the market is stagnant.
My views are that this a time where all the cheap Altcoins are going to fade way as part of evolution. Evolution is part of every aspect of life and how can this crypto coin business evade the prophecy. This is the time where market is stabilizing and only big players will survive this game.
Before investing in Crypto we needed to understand the dynamics of Blockchain and platform based on which these coins were launched. But as an investors, very few kept notice of such details and hence losing good amount of money in mere trading.
Now is the best time to do research and invest wisely upon the currencies that has solid Blockchain platform and holds potential for future, ex: Ripple, Bitcoin, Litecoin, Dash, etc. These coins are at low now and it provides best time for investors to buy more coins to see the results in future.
I am an optimistic person and I truly believe that the with regulation and evolution the best of crypto currencies will be available to all of to invest and make money out of it.
All the best with your investments!!!
Cheers
Sudeshna
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