RE: Why the January 2018 market correction was great for crypto

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Why the January 2018 market correction was great for crypto

in cryptocurrency •  7 years ago 

Great post, and you're absolutely right. A lot of people will have learned some pretty brutal lessons over the recent correction, and although it sucks for them at the moment, it will be of benefit going forward.

One of the biggest issues we face with mass adoption going forward is the expectancy. People read a poorly written article about Bitcoin going on a run, they invest more than they can afford to lose, and then have no idea what is going on when a correction occurs. Markets will naturally rise and fall, but cryptocurrency has a bright future ahead.

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Thanks Phil. 100% agree. Really looking forward to 2018 and hope those first-time crypto investors who panic sold are not too discouraged.