Cryptopocalypse?
This last week has really beat cryptos down a notch, almost everyone thinks that it's just a minor correction and are getting ready to start buying again because of the lower prices.
Hold your horses for a while, because it really feels like it's on the verge of a major correction. I believe the ICO craze bubble just might have burst and the thing holding all of it up right now are the overly eager misinformed people jumping onboard.
Everyone should take a seat back and hold back their love/bias for cryptos.
The time to invest will come again soon, it's just too sketchy right now.
Great post wise words
Keep up the good work
I have followed and upvoted you
Have a great day
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So wait until it is expensive again? That is why people never make real profits, they buy when it is expensive and then sell when it is cheap. Not saying you should buy just because it is cheap. Just saying that if you were planning to buy something before the crash. Buying it cheap might be a good call. You might be able to get it cheaper, but as I've heard being said: "Timing is nothing". It doesn't really matter when you buy a good investment, but it doesn't hurt to buy it when others are selling.
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It's very expensive right now, many are misinformed and ride the hype train, people get tunnel vision when it's been a bull market for a while. It's just more likely to fall hard than go up some more right now, because of the facts I stated about the ICOs.
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thanks for sharing this information.
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