About time.

Hard to keep up with these Crypto market swings.

EOS recovered fast.

It looks like things start to move back up into the green again. This morning I got up close to 5 and decided I had to face facts. Part of that is looking at Coinmarket Cap dot com. Having it set at Euro even made it look worse than I had expected. Did the old financial realm of the banks really got their claws on Cryptos? Was this the effect of Crypto derivatives like futures on the free market?

Still rather have real Cryptos in my wallet myself. And I am glad I still have the EOS I bought a long time ago. Shocked to see where DOGE wend, looking worse even in Euro value. Will still buy more Dogecoin though. Because I think it will start to gain more than Litecoin soon. And I do HODL LTC too. Just like I do with the real Bitcoin {BTC}. The looting forking blockchain splitter Buttcoin Cash {BCH} looks like dropping to about 7% of the Bitcoin value. Way too much yes, but there is hope it will hardfork itself into oblivion.

Purged Crypto market ahead?

Well, I do expect this to happen this year. As I believe the Crypto gold rush is about to end. It had a point where everything Crypto was a promise for endless returns on investments. Well, that already got debunked hard. And I do expect this to be followed by a purge, a big one, yet it will be for the best. As the best adapted, that serve a purpose, will survive and gain a lot, from what the others leave behind.

This will create a more clear view of the Cryptos realm that could also gain trust. Which might attract more investors. Smart Media Tokens {SMT} might just come at the right time and place. And EOS launching on mainnet could move it up quite a bit on the Coinmarket Cap dot com list. Where others will drop, some even out off the top 10. It will shake up things quite a bit.

Bumpy ride.

That is what I do expect, things still could get more chaotic on the Cryptos market. Yet somehow I find it difficult to see this all go forward in progression without a severe purge. And I could be wrong of course, as nothing in life is dead certain, not even death itself. So just a reninder to only invest in Cryptos what you are willing and able to lose.

Things on the market should pick up slowly by now. And my bet is partly on Dogecoin, for some regain. But I also keep my eye on Litecoin. EOS I do expect to climb up big time next. Steem could profit from that attention. Whether some people dislike it or not, Bitshares, Steem and EOS are related. More attention for DPOS {Delegated Proof Of Stake} blockchain technology is good for Steem and the upcomming SMTs.

So, even if things are still a bit cloudy, the sun is slowly breaking through again for the Cryptos it seems.

May the Cryptos be with us

Still quite cloudy, but it seems the sun will break through again soon.

Photo cc-by-sa @oaldamster.