We’re close to bottom. Next is consolidation. Then, bull market.
Are you ready for the next bull market?
I think we're getting close to the bottom. If we haven't seen it now, then definitely by October. Then:
2019: We'll see a solid climb of 100% from bottom.
2020: We'll see another parabolic run-up.
What this means is right now, and probably for the next 6-12 months, you can buy ETH will minimal downside risk (there's always risk … I believe there's less of it now).
On January 17, I posted this, saying we were in a bear market (and got roundly downvoted). https://old.reddit.com/r/ethtrader/comments/7qrwl8/dont_kid_yourselves_this_is_a_bear_market_and_its/
In February, I posted this, saying we'd likely see a $200 billion market cap. https://old.reddit.com/r/ethtrader/comments/7v9fcq/wait_for_the_consolidation_phase_entire_crypto/
Our main problem at the moment is we don't have decentralized applications. Personally, the only decentralized app I've used is a DEX.
However, if you still believe in a decentralized internet and dApps, then it makes sense to hold your position and to add to it if you can.
This market will come back around. It just takes time.
Posted this five months ago, saying recovery could take two years. https://old.reddit.com/r/ethtrader/comments/857uv2/are_you_a_true_hodlr_market_recovery_could_take_2/
Will check back in a few months from now.