This time the market sentiments are mixed where sometimes we see down Trend and sometimes a friend but nothing is there for a longer period of time. basically the market sentiments are in a situation where sometimes we the market prices going up and sometimes we see it going down. Obviously this is market and nothing is stays for a very long period of time however in the current scenario it is hard to say how things are going to happen.
For example if you have look at the below chart for different coin prices you will see that the red colour is constant with all the coins where as Bitcoin did not show a big drop but others are not really doing great. This is the situation which is not good for the investors who invested a long back but properly can be a good opportunity for those who are still trying to enter the market and such drops are good for them.
But overall if you look at the bigger picture then there is nothing to worry about because ultimately the price of Bitcoin is going to grow significantly and Sonar later we will see it happening.
Some altcoins are concerned it is again difficult to say something because now if we have millions of coins available in the market and it is very difficult to say which coins are going to be grow when the market recovers. Obviously the top coins are going to be the priority for the investors but it is also not absolutely true because no people are also investing on the mean coins that are not having any utility and use case in the project.
People just try to make money out of the market without even thinking much and going through the fundamental analysis which is a concerning part but if you are new in this market it is highly recommended for you to go through all the aspect and invest what you can afford to lose. However if you follow the long term strategy then probability is higher that you will be able to make money out of it.
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