I think BTC will come down to 9k around then going forward , it was too fast  20k, i thought this year 2018 going to 10k , see now pulling back ,if pull back to 8k really healthy pull back then i will buy more.

nicely done

last 6 monts were great for cryptoworld cause BTC hype was like a big free commercial campaign. But now when btc system is overloaded ppl are switching to altcoins and theyre killing btc at the same time.

Bitcoin is not doing much these days, hmmm I think we need the lightning tech. to kick in as good news to boost the price up :))...I dunno how some traders do it looking at a chart that doesn't move much but baby steps down...lol

![source.gif](https://steemitimages.com/DQmNNkTPegM2c6NeZtCGpNPYA9swXSwRTC3w3GAbNr5BdhL/source.gif)

I am absolutely in the 'wait and see' camp.  I've moved everything into my hardware wallet and am basically not going to worry about crypto at all until I see articles from both you and @pawsdog suggesting we might be looking at a bull market again. 

Thanks again for being sensible and sticking to your guns when it would obviously be easier and more profitable to tell the people what they want to hear.

I think it's wise to keep in mind that bitcoin ran from roughly $8k to $20k very quickly and during what can only be described as a mania that was fueled by the media and its historic breach of $10k. The momentum was not sustainable and a pullback to $8k shouldn't be overly surprising. Hot markets often overshoot, pullback, consolidate, and then the technology, usability, and other value metrics catch up.

Hy Crypto Investor.  A while ago I discowered your channel and since then im not missing a single video. I would realy like to hear your opinion on SolarCoin (SLR).  I think its a very interesting coin. Greetings from Switzerland.

I'm right there with you on this pullback. I bought more Steem last week at $3.72. I would buy more only if I see it hit below $3 at this point. Once again, I feel comfortable with my allocation and just going to patiently wait and see what happens. Thanks for the post.

I'd like to know your view on privacy coins like Monero and Zcash. I'm starting to think that there could be a "privacy store of value" like bitcoin but for the dark market. That would actually be one way to estimate the dark market capitalization. Along with it there would be a privacy currency that would serve as a mean of exchange and stay somewhat stable.  

As for Steem, I've been also waiting for it to come down, but as more and more people realize how much value steem and steemit has over these overhyped shitcoins, the more interest it is going to get. Especially after these insane runs we've seen with Verge, Raiblocks, Tron etc. 
People are going to realize that Steemit is currently one of the few real use cases in this industry, and people are already make a living out of it. Smart money is going to go to projects that actually work, and Steemit is the best example right now. I see a very bright future for Steem, so I'm not going to wait forever for it to come down :)

I said weeks ago in one of your posts that Jan 24-25 would almost certainly hit ~8k BTC price, but most people ignored this message at the time. Now as we approach these dates, and BTC continues to dip, this prediction is looking more and more likely.

love your videos, i was investing on crypto for 1 month now, sadly i jump on a bad wave and i lost about 400 usd, but hey, i'm holding :)

i have a question (lame question) 

as example:
i buy BTC when it was 16.000 usd and now it ist 10.000Usd, can i still trade btc to another altcoin now? or i will lose money if i trad'it below my purchase value ?

keep the good work

I'm very optimistic that BTC is gonna bounce and ethereum would rise up again to the 14k level. It's just a phase so hodling :)

Panic sales I think, it provides a cheap opportunity to buy.  Steem at $4.15, it could be over $100 in a few years. 

The Steem platform has a network effect, the more user it has the more valuable their cryptocurrency becomes. 

The market behaves irrational, panic attacks. But some cryptocurrencies have long term value.

I myself am a VEN holder, but not even remotely close to a VEN whale. I put a small amount of cash on it due to its intense public exposure, and I admit that I didn't do enough research on it. Your thoughts on it have made me more cautious towards VEN and I'll be watching it more carefuly now, as well as with other future coin purchases. I didn't follow the XRB hype mostly due to your opinions but also my gut feeling. You made some strong points about XRB and VEN, and those points I'll be considering in the diferent contexts of each possible coin purchase. I'd like to know your opinion on a coin that I've been eyeing and researching for a while that I'm still a bit hesitant on getting, NEO. What do you think about the project in itself and its long term capabilities?

I'm thinking exchange coins are probably going to get traction this year, especially given all the drama around Bitfinex. Only problem is the front runners in that area have been pumped like crazy. Getting a big case of the FOMO's right now as only started getting into crypto investing this month. Just need to keep telling myself another crash is coming.

I agree that wealth is going to transfer back into Bitcoin. I imagine to over 50 % dominance this year. 
Reasons: Bitcoin scales while many altcoins fail to deliver on USPs.

I joined Steemit and have purchased crypto partially due to your helpful and fair minded analysis. Keep up the critical thinking. Some may disparage it, but do not worry about them. I listen to your analylsis because you do so without emotion. Well, maybe a little well deserved anger at Bitconnect. But that is fair enough. Thanks again!

In the case that your very specific buy target of 8300 is not reached, at what point would you change your mind?

Dear CryptoInvestor,

I finally got my Steem Account approved and great to be here chatting to all sorts of cryptocurrency enthusiasts. 
I follow your YouTube videos with interest as it’s obvious to me anyway you are a stand up guy who gives his take on what’s going on. I too am waiting till BTC drops to around the 8k mark before making any moves. I’m reassured that you have the same feeling. I really like Steemit and will hold for a couple of weeks before investing a single Satoshi anywhere in this turbulent time. 
Will write back soon. And hey everyone! Safe investing!

Peace ✌🏽

I guess I have been lucky because I had quite a few of these flavor of the month coins before they got hot and currently hold VeChain.  I expect VeChain will be irrationally hot if we see the overall crypto market cap approach 600 billion again and then I will sell the majority of my VeChain.    I got in on Tron early, and I still had some Tron after the market dip at the beginning of last week. For reasons no one can ascertain, it rose over 100% in 24 hours and I made a mad dash to sell.   My point on these flavor of the month coins is that once it builds up irrational momentum, just sell and walk away even if you are a predominantly buy and hold investor.  The valuation on 99% of these coins makes no sense so don't be greedy when the market gives you a gift.   And also never buy into the meteoric spikes that make no sense.   Those people get burned.

Some good advice in there about avoiding the flavour of the week. I think if we zoom out we'll find that altcoins in general were the flavour of the year and that might pass in 2018 as bitcoin gets more sophisticated with second layer applications.

I think 8300 limit may be a little high. I'm also comfortable at this level and if it gets to 7700 I will buy  another slice. There is a campaign going on in the news outlets to disgrace bitcoin and promote bcash. I personally think we will see a period when bitcoin loyalists get angry and it will increase the demand for bitcoin. I think they will begin to get angry when they see the sevens.

What do you think about the similarity in price movement of most of the top 100 coins. Doesn't that mean there is no diversification across tokens? Do you know anywhere I can use for fundamental analysis of crypto market?

Nice level headed take as usual.

This is slightly off topic (at least, from a timing perspective) but do you see Bitcoin eventually losing its market position as the premier crypto? I don't think this downtrend is that moment but it's something I worry about. Bitcoin still has some significant advantages (hash rate leading to network security, fully tested cryptography, good dev environment, fiat on-ramps, de facto trading pair for alt coins, institutional focus, eventual ETF) so I'm not discounting it at this point. But it seems to me, none of these are impossible to overcome for ETH or any other 'alt'. ETH already has seen an explosion in fiat on-ramps and non-fiat, non-BTC trading volume in the last few months - what compels people to keep using BTC as a trading currency? Especially since moving it between exchanges is now completely impractical. Personally I think that if Bitcoin can't solve its transaction issues it will slowly be replaced by something else, whether that be ETH (my bet) or something else. Once an ETF for Bitcoin is released, and regulators are forced to admit the world hasn't catastrophically ended, what stops an Ethereum ETF from being created? Not much... so in the end, my question is: is institutional interest (and the money that comes with that interest) enough to keep Bitcoin at this level on the long-term? And what tends to shift institutional interest over time?

Would love to read your, or anybody else's thoughts on this.