[ad_1]
About 3 months ago I was reviewing what was happening in other markets while the cryptocurrency market kept going down. So I opened TradingView and what I saw was something so incredible that I had to watch it a second time, I thought I had opened the BTC / USD chart but it had not fallen yet. I was a little confused, but I realized that my TradingView had opened at EDI, at the time it seemed extremely euphoric and then after a while. of research I saw that he was in the longest bull from his conception. I immediately wanted to see that this only applies to the Dow Jones or it also applies to those of Russel, S & P500, Nasdaq, Vanguard and then I also looked at the real estate market. What I saw I'm about to say honestly baffled me, what was there before me was a perfect opportunity, I knew the stock market would soon fall and start telling people that it was of coverage.
For many, it was a great learning experience last year, and even though many have lost money, they have learned about financial markets for the first time and may have bought their first investments. This has been a big advantage for many people who have been labeled "noobs" or "noob investors". Why could you ask? Well, the simple answer is that noobs have tried to invest for the first time. Now you sit and think, but have the right Rekt? I was talking to one of my friends who has been around since 2013 and he told me that he made mistakes in the last bullfight. The understanding that he had from those losses and mistakes made him gain millions in 2017. Another good thing to share this was only the beginning of the knowledge pool and we still have only 2% of the world in possession of cryptocurrencies. So, the application of what has been lacking to many has seen this as an opportunity to share my discoveries and you will see that many have doubted me, but 3 months later the markets have decreased by an average of 15 %.
Now to discuss, the stock market will continue to continuously affect cryptography? The simple answer is yes, I thought that maybe a little bit of this will come into the crypts, but I have also realized since then that the market was not even remotely close to where it was supposed to be to see that trust or growth again! Since I made the video above, we have seen all the markets drop considerably while people protected themselves from metals and fiat. A question you may ask yourself; How will this affect the market if we enter a real recession? This is a difficult question to answer, but I will give what I believe will happen. If we go into full recession in 2019, all markets will suffer, including the crypto, this is a tough but real reality when money is tight, people withdraw from investments and go into cash and precious metals like gold . Many think that if the recession occurs over time with mass education on cryptocurrency and the use of blockchain technology there will be slow growth and sometimes in 2020 another potential will run with the halving of BTC. They will be right if they are seen, but I am sure of one thing that by 2022 all those who remain in space and focus on mass adoption will be amply rewarded. The bull rush of 2017 to 800 billion will be laughable in 5 years when this market is expected to exceed 2 trillion or even closer to 5 trillion by 2023.
Joel Kovshoff
Director at BlockRake
Please I like and subscribe to my Youtube channel:
http://www.youtube.com/c/CryptocurrencyEducation
You can follow me here:
Twitter: @joelkovshoff
Facebook: www.facebook.com/joelwarrenk
Telegram: t.me/athenatradinggroup
Disclaimer: this article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and / or its affiliates, employees, writers and subcontractors are cryptocurrency investors and from time to time may or may not hold stakes in some of the coins or tokens they cover. Please conduct your own in-depth research before investing in any cryptocurrency and read our full disclaimer.
Image courtesy of Pexels
[ad_2]Source link
