Will cryptocurrency in 2018 be bullish?
In 2017 we saw the cryptocurrency reach new heights. Towards the end of the year we saw a pretty extreme pull-back across the industry. I think the pull-back can be contributed to many things: the holiday season, end-of-year profit taking, higher than average monthly costs, etc. But now that this has passed, and we enter the new year, I fully expect 2018 to bring back the bulls.
I think in 2018 we will see far more legitimacy across the industry. We'll still have our normal influx of shit ICO's, but I expect the new business venture quality as a whole to go up.
I also think more money will be flooding into the markets this year. As cryptocurrency becomes more and more widespread, we can imagine that this will lead to more people investing, which will in turn rise the tide.
If we play this game diligently, I think there will be immense profits to be made this year! So, let's all have fun and crush it in 2018.
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