We’re not going to lie to you and say 2018 was a great year for crypto. It wasn’t. However, it’s not time to give up just yet. There are plenty of things that crypto investors can look forward to in 2019. We’ve managed to narrow this down to the three most important.
CRYPTO INVESTORS SHOULD PREPARE FOR A SLOW YEAR
This isn’t exactly what you want to hear. You want to hear that the market will take off to great heights during the first month of 2019. Sorry, but that’s not the case. Sure, we’ve seen a few strong rallies from the crypto market thus far but the fact of the matter is, that’s not coming. The market is still made up of a lot of junk. We need more projects that come with a true value if we’re going to see the market return to form. Will it happen? Yes. But it won’t happen overnight.
CRYPTO INVESTORS SHOULD PREPARE FOR MORE REGULATION
Jumping off that last point, 2018 was a wakeup call for regulatory bodies. Not only do they want to clean up the market but from this point forward, will continue in a regulated direction. For example, last year the G20 announced they want to bring a global regulatory framework for crypto assets. They were a bit slow on getting this up and running but expect more progress in the coming year. Once this regulatory framework is complete, it has the potential to give a huge boost to crypto markets.
CRYPTO INVESTORS SHOULD PREPARE FOR BITCOIN ETF
Every time a new Bitcoin ETF comes forth, the market gears up in excitement only to be let down once again. Will 2019 be the year SEC Commissioner Hester Peirce finally approves a Bitcoin ETF? It’s too soon to tell but it’s a possibility.
Until then, smart crypto investors should start preparing their portfolio with a variety of assets. If you want to buy more crypto, but lack the funds to do so, don’t sell your stash. Instead, head on over to crypto backed lending platform like YouHodler. Here, you can put up your crypto as collateral in exchange for cash. This gives you the necessary capital to invest in more crypto, align your portfolio properly and get ready for the next bull run in 2019.
Cryptocurrency is something imperative and necessary.