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5 things that the encrypted industry should discard in 2019
In the last ten years, the crypto industry has seen numerous developments and technical advances while some things remain the same.
2018 was an interesting year, to say the least. Fresh from the highs of December 2017, the market has lost most of its earnings. The regulation became the main theme of the year while the taxation and the KYC procedure maintained their strong presence throughout the year. The participation of institutional investors gathered important spotlight while Buidl, Dapps and Stablecoins kept the market in progress.
Now, 2019 seems to be more excited. However, there are some things that the scrambled can do without.
No more shillings, please!
One of the trends that took center stage on social media platforms was paid. It all started or to be more precise it became more widespread when the ICO industry was at its peak. The promoted content is part of almost all types of industry, but the lack of transparency hinders the traditional adoption of criptos, especially when it is still a niche sector. Bridging the aggressive and excessive shilling can put the focus on more value for all parts.
The ETF has had its moment of limelight, let's move on
Bitcoin ETF the price of Bitcoin will rise to the skies. Maybe or maybe not.
Bitcoin ETFs can be expected to have a huge impact on Bitcoin and on the encrypted market by extension. This year you could also see more development in this aspect. However, it is time for Bitcoin ETFs to need space. The focus must be on market development as these investment vehicles are targeted at institutional investors that will, in part, lead to greater price speculation.
Mania of institutional investors
Yes, that's right. Institutional investors will enter the market and huge amounts of money will flow and yadda yadda yadda.
Ten years have passed since Bitcoin existed and during this period Bitcoin reached its historical maximum only to collapse on the bottom without the intervention of institutional investors (at least explicitly). These billions of dollars organizations will not take any impromptu steps, but they will carefully plan and analyze the maneuvers that would have been done in due course.
Pump & Dump: price, price and price
Price is the integral factor of the cryptographic market that maintains excitement and emotion in the market. Users buy low-priced encryption just to download them to new viewers for a quick payoff. About thousands of pump and landfill groups have been found by research and these cycles prevent the sector from achieving sustainable growth. Efforts must be put on adoption as they focus on building and creating solutions.
The Ranters
The market is also full of the likes of Nouriel Roubini. Well, they will not go anywhere. But it is time that we shift our attention and we do not recognize these people who would rather complain about the ruin and sadness of technology and hit what they do not understand instead of learning its potential. The market needs educated topics for the improvement of the crypto industry.
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