Today the market cap is at 87 billion dollars which is very low. I think we are nearing the end of the bear market for now and after this huge drop I think we will go on a long bull run. Cryptocurrency has had a lot of exposure and attention from governments, mainstream media, and countries, which will drive investors into this market.
For the EOS enthusiasts, right now is a great time to buy EOS, its at 2$ which is probably as low as it will go. Better than paying 5$ a coin. If you aren't invested in the cryptocurrency market right now is a great time to invest because you will get much more coins than investing on a regular green and red day.
For my cryptocurrency investors, don't panic just hold your currency. Right now it seems that you are at a loss, but these huge drops helps bring investors into this market, we will be going on a bull run soon. Just hold! We will be rich in the future.
If you guys liked this quick post and wouldn't mind resteeming it that would really help me out!:)
Yess, I agree. I was already looking what currency would be best to expand my portfolio with.
I already got a good deal with the ICO of EOS as I participated in period 1.
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Yeah good point. That chart will attarct alot , and i guess it happened before then we witnessed the rise agaian !
Thx @cryptotraderx
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Agree! Upvoted and Following!
Keep on motivating!
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As I said in my post earlier I would wait until the market starts to recover before investing. The next hour or so is key for letting us know if it's going back up or just a bull trap. The market low was earlier at 87.3 and now it's at 88.4. If it makes it back up to 90ish, should be a good sign the market is recovering for the week.
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Seems to me this is a great buying opportunity... and I have to think some of those sitting with cash on the sidelines-- perhaps fearing they missed the upside-- might be ready to jump into the market during a time like this.
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yea i agree, bitcoin to the moon.
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EOS at $2 is still very expensive it will go to $0.5 - $1 range. I think the bad rumors around bitcoins will be crashing whole crypto, the only coin which is stable right now is LTC. I am sure we will see such huge dips on the way to first day of the next month.
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Good post, once the BTC scaling debate is over we'll see the bulls return!
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