Should We Be Scared of The Cryptocurrency Market Dropping Down?

in cryptocurrency •  7 years ago 

NO! You should be freaking happy actually. This will take away all weak hands and all those people that say that they know what crypto is and that they believe in the blockchain technology. But for those who do believe in it truly. You will be happy to buy more for your money's worth with this correction. I still believe it's a correction with just lots of news good and bad coming out left and right all the time. Only problem is that now to many uneducated people are buying crypto without knowing anything about it. People over react to any good or bad news way to much without even knowing what's actually happening. Many of them dont even know what the coins ans token they bought are used for. Some of them believe that they should be making 10X their money instantly. Guess what... we already had that and a correction is more then due. This correction is actually good. It's a healthy and it shows that we are on the right track for even more growth in the future. So many thing are all happening at once with all of the "mass adoption" of crypto and the blockchain by companies that everyone is going crazy for it. We are in this state of euphoria. This correction could actually save the cryptocurrency market from being destroyed by the masses that are trowing money to this technology that they dont understand and or dont even try to understand.

I could go on and explains more things but I think that this right now is enough to show you that you should stay calm buy more and hodl.

Let me know what you guys think of the market right now in the comments!
See you guys next blog ;)
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Thanks. Just Hold !

Yes hodl for now!

I totally concur and just posted something similar on my blog lol. I agree, the market saw a huge surge in November of last year and what we are seeing now is it correcting back to the more sustainable growth lines that were in place at the beginning of the year.

Yes totally! Will follow to se more of your blogs!