How long is the Cryptocurrency Market Going to Remain Stable???

[fitload]

The cryptocurrency market is clearly volatile and unpredictable. The market has been stable, despite last week’s major news in the industry. Cryptocurrency industry observers will know that the last few days have seen mainly mixed performances by most major cryptocurrencies.

Although some have seen losses, nearly as many have experienced gains – meaning that the market as a whole has been rather stagnant.

However, the stability that the markets are experiencing in the last weeks can be related to institutions and wealthy investors accumulating cryptocurrencies.

These five days of stable market has given individuals a reasonable amount of time to help them plan their next moves financially and economically.

The cryptocurrency market remaining stable is therefore favorable in uncomfortable times such as now, where fans are still pushing for the SEC to make a positive decision regarding the Bitcoin ETF.

The total cryptocurrency market capitalization sits at around $216.9 billion, which means that it is still comfortably north of the psychological $200 billion barriers.

The cryptocurrency market’s stability most likely relies on people taking a relaxed approach to their trading habits. This can only happen so long as there is no major news which rattles investors.

Read More: https://news.bitzamp.com/how-long-is-the-cryptocurrency-market-going-to-remain-stable/

[Bobcrypto]

Yea, stability is what many players in the crypto economy are yearning for, especially those that want to invest big plus most online shops and company world wide. You know, volitility of crypto has cuased a lot fears among many of these big investors and many has decided to stay and watch how the market may turne to be in the future. Many also believed that crypto is a bubble waiting to burst, but unfortunately, it has keep spreading and naver a bubble.
Nevertheless, i think most of us are expecting a dull run once again, just like the 2017 experience where most crypto reached a good all time high, like the bitcoin $19000 high of late 2017.

[shiftdel]

There is no definite answer to that. But we must have confidence that crypto will soon recover from the situation. If you look at the past cycle, I believe that the end of the year will be a lucky year for Crypto. Be patient and hold your coin firmly.

[JSD10M]

"The cryptocurrency market’s stability most likely relies on people taking a relaxed approach to their trading habits. This can only happen so long as there is no major news which rattles investors."

This is likely the case now. This is also what I observed from friends in crypto, less trades and more of waiting and accumulating

[keyz]

Many predictions have missed the crypto market this year. It looks like this year's crypto cycle will be different from the cycles in the previous year. But I am optimistic that the bull run will happen soon. And I'm sure we can get a profit at least in late December or early January 2019.