HODLing into 2019
It’s a few days more and we can all greet a new year! Precisely four more days and the great bear markets of 2018 will have finally ended. The question remains what we will see in 2019, bear or bull? I remain optimistic short-term, mid-term and long-term. Yes, we probably won’t see new all-time highs like we did in 2017, or at least I would be absolutely surprised (& delighted). But I have a feeling that 2019 will see a more stable market with a slight uptrend. It would be good if BTC and CoinMarketCap could stabilize around 200 bln in 2019 with BTC leading the pack at 120 bln. Whether we willl see this right from the start is doubtful. I think Q1 of 2019 will see some significant volatility with up- & downswings between $3.000 and $5.000.
However, come spring, with questions around EU-Brexit, China-US trade war, SEC ETF decision and the launch of Baakt being answered and/or more certain, a positive trend both for traditional stocks and cryptos should develop. Of course the fundamentals of both stocks and cryptos must be in order and convinving but I have never felt better about bitcoin, the fair valuation for ETH and progress coming out of some of the 2017/2018 ICO projects.
For me 2018 was a year with lots of FIAT and crypto being lost in the market. I have not withered the explosion of last year’s bubble without making some significant cuts in my portfolio. At the end of the year though, I am confident in saying, I’m holding no more shitcoins that I now nothing about. While I went into 2018 with loads of shitcoins in my portfolio that I had accumulated based purely on twitter shills, all my coins this time around are handpicked - by me. Of course, I was influenced by twitter, medium, youtube, telegram and shills all over the web but I did my own research, and know what I have my money in right now.