I was meant to make that boring period of 4 months to 2 years. Excuse me, anyways:
There has been some pretty insane predictions, i've been calling the bear it since $1,50 that we're going to hit these kind of lows. When it comes to the bottom, i have no idea. I thought the Hodlers would keep the price up somewhat to $0.60 but they clearly panic sold and now the whales will have a really cheap buy-in. I don't think we'll ever hit lower than $0,30 though but $0,45 which is almost where we are now (and that personally have a predicted) is a pretty good buy in if you ask me. I would suggest waiting for sideways movement before going in. Historically if you look for instance at BTC we had an exponential growth of 10x in 2013 from $100 to $1000. After that ended we went down to $200 in a 2 year period almost all the way BUT we found new support instead of going back to $100 and in only 4 months of sideways movement we found the bull market again and within that time we have slow groth for 2 years until we hit $20k.
I believe we'll hit the same pattern and depending on news; for instance if we'll have a BTC -4.56% ETF in 2019 I can see that we're going to grow to $60k easily. Where did I get that number? (Current price * 10x). We're again going to hit that pattern and likely 10x again like we always do. I know this was a little BTC fundementals but sadly ALT's are still tied to Bitcoin so we have to let Daddy go first. But like i said wait for that neutral period, until that the Hodlers are the only thing that will keep ICX from going below it's i.c.o price.
There has been some pretty insane predictions, i've been calling the bear it since $1,50 that we're going to hit these kind of lows. When it comes to the bottom, i have no idea. I thought the Hodlers would keep the price up somewhat to $0.60 but they clearly panic sold and now the whales will have a really cheap buy-in. I don't think we'll ever hit lower than $0,30 though but $0,45 which is almost where we are now (and that personally have a predicted) is a pretty good buy in if you ask me. I would suggest waiting for sideways movement before going in. Historically if you look for instance at BTC we had an exponential growth of 10x in 2013 from $100 to $1000. After that ended we went down to $200 in a 2 year period almost all the way BUT we found new support instead of going back to $100 and in only 4 months of sideways movement we found the bull market again and within that time we have slow groth for 2 years until we hit $20k.
I believe we'll hit the same pattern and depending on news; for instance if we'll have a BTC -4.56% ETF in 2019 I can see that we're going to grow to $60k easily. Where did I get that number? (Current price * 10x). We're again going to hit that pattern and likely 10x again like we always do. I know this was a little BTC fundementals but sadly ALT's are still tied to Bitcoin so we have to let Daddy go first. But like i said wait for that neutral period, until that the Hodlers are the only thing that will keep ICX from going below it's i.c.o price.
