SignalAlert reviews the 2018 bear market and forecasts upcoming year 2019
On Monday 3 December the market started to sink. Bitcoin fell by 6% and other alt coins were following the mother of coins by more then -10%. Luckily, today on 4 December the market pushed back and is still moving sideways. We are expecting an extended bear market and recognize this bear market stage from a few years ago. This phase is considered to be the most painful phase out of all market sentiments. The market will be confident again but it will take some time.
Our overall conclusion is that the long-term investor are the biggest losers in this game. Especially if you decided to buy crypto as a long term investment in late 2017. These investors will probably say now that they were too late investing into cryptocurrency. In the meanwhile everyone who is risking their funds while trading, is looking for ways to get the best results. Most of you will be looking for things in Google such as: trading course, technical analysis, how to trade crypto etc, etc.
Shown Above are results from SignalAlert premium Channel, they gave six signals in the past week and five of them completed successfully. If you would like to join SignalAlert you should check their website and subscbribe to their crypto platform. SignalAlert forecasts a better 2019 since this year (2018) was a year to develop the crypto infrastructure.
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“We don’t really plan a year out. We have a ten-year strategy, but when we actually make plans, we really only plan for three months ahead, as a maximum. Usually like two weeks ahead. Overall, our 2019 will just be to increase cryptocurrency adoption. That’s not just for Binance’s coin or Binance as a platform but more broadly we want to increase adoption for crypto. Anything “that helps the industry get bigger will be good.”
“In the bull market, I don’t persuade people to buy Bitcoin, because it seems easy to make quick money but in fact, it is not. Now I start to talk people into buying Bitcoin. Those who make truckloads of money do not have a very short-term speculative driven investment mindset. Perhaps Bitcoin price will continue to drop even lower, and it may fall up to 50 percent. But it is still worth steadily acquiring coins every time it hits a new low. You possibly see a yield of 100 to 200 percent in 3 years.” – Zhao Dong
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