The previous year clearly wasn’t for the investor of crypto as the overall coin market saw drastic plunges and the only signs of growth in the currencies were very short-lived and minimal (Like the case of XRP and BCH). The analysts and market predictors all advised the investors to hold their investments as the payback is highly anticipated in 2019, consistent with the events for which everyone is really excited about (ETF for instance). Although there is a high percentage of people who think that the new year would bring a bull run for crypto, there are still bears in the market who have their realistic approach with their predictions. The only consensus developed between the bulls and bears was the fact that 2019 would bring institutional investments, industrial growth and better adoption of blockchain.
Anthony Parker, founder of Cuberoot64 and blockchain strategist is of the view that 2019 might be the year for blockchain development and growth but it might not quite be the year for lower currencies and shitcoins. Currencies like BTC and ETH might survive but others have a pretty low chance. Although fewer currencies would survive, but those who will, might have a great year ahead. Talking to BlockPublisher he said,
2019 will bring us further Blockchain adoption and apart from Bitcoin or Ethereum, a lot of the other crypto currencies will die. We’ll also see a lot more security tokens and institutional investments. The cryptos that manage to survive will have a good 2019.
Might be good news for blockchain enthusiasts who have been against shit coins for a while now.
The investor and crypto enthusiast Sam ball believed that the market had been hit by severe volatility and that might not change for a while so the people investing should watch their investments. Talking to BlockPublisher he said,
More volatility, invest what you can afford to lose on a weekly/monthly basis into Bitcoin and I think you’ll do well.
Thomas Power has been pretty solid with his predictions. Previously he predicted the market fall way before time and so t happened. Now, the expert believes that 2019 might just be a passing year for crypto, the real growth would start somewhere in 2020 when the fiat would collapse (World economic crash)
I don’t expect much change or movement in 2019 the real growth in crypto is 2020-2022 when fiat collapses and brands switch their focus to Climate Change and Tokenomics (crypto) incentives to drive and reward consumer engagement related to their products and The Climate Movement (TCM)
The overall sentiment is mixed, the investors are willing to see a bullish run soon but the analysts are hesitant to call one beforehand. The experts still seem to be solid on their stance that 2019 would still be a year of the bear market to continue while the bulls of the market have their own opinions.