RE: Will The Cryptocurrency Market Fall Beneath $300 Billion

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Will The Cryptocurrency Market Fall Beneath $300 Billion

in cryptocurrency •  7 years ago 

B, excuse me for my ignorance because I'm no where near as experienced as you when it comes to crypto and charts. I got into the market around November 2017 just before the major spike. What I saw was a massive amount of whale and new investors getting in on the hype due to the advertising and publicity. Fomo money came roaring in at a exponential rate despite crypto still being in a speculative stage. In my opinion, we need to mentally delete the chart we saw between dec/jan and realize things are a lot healthier than most are portraying. We have been taking major steps forward in the right directions, getting closer to our goal of adoption as a functional platform. Even though the prices are less across the board, blockchain technology has grown stronger since our all time highs. I think patience is a virtue and we can rest easy with our bags full of what ever investments we've made so far, because nothing thats worth it is ever easy, but when you believe in it, have faith.

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Exactly. Patience is key here. Obviously, it's disheartening to those who didn't cash out at the high, to buy back in lower now, but since no one had a crystal ball, just holding and being patient is the best approach. The tech and potential didn't change just because the prices corrected.