Correcting Market aka Bloodbath

in cryptoinsight •  7 years ago  (edited)

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The reasons why crypto is dropping is because of widespread adoption and crypto regulations across the world and with GDPR in sight, A crypto regulation is a must. This blood bath from last few days is the correction crypto bubble has to go through to recognise blockchain as the next booming technoloyg. The Blockchain has to prove it's real application in the world and create its place in today's global landscape while the market crypto market starts to pick up back to normal in few weeks if not days. As you may have heard "there is always calm before the storm"! I will only suggest to hold your horses, hodl your investments in whatever coins and do not panic as crypto will rise even stronger and better from here.

The blockchain is one revolution everyone is embarking on and talking about these days and bitcoin was just an offshoot of it so even if there is a slight possibility of bitcoin going down, there will be another coin ready to take its place, be it Ethererum, Ripple, Stellar, Cardano or Tronix. who knows whats coming our way. A simple infographic from Blockgeeks makes you understand the Blockchain concept.

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But being an early adopter, you are still ahead of the pack and know how to better capitalise on the knowledge you acquired during your crypto journey. While many are rumbling about the crypto as a ponzi scheme, a bubble (housing or dotcom) etc. etc. and even hackers are enjoying the bounty of cryptocurrencies just like today's BlackWallet theft incident.

Well, I am still amazed to see how people are getting +ves out of the red markets from last few days, these are exciting times and one has to do their own research to get educated on the conventions, data analysis and financial models to understand crypto in detail but on top of everything you need to be very vigilant how you invest your hard earned money in something you are not sure of. The trick of the game is not to follow the herd and create your own path but not everyone has the essentials handy for it so better to leave it for the professionals Aye!...But...

Think of an idea that is practical with which you can solve world problems. Get along with like-minded people and it is not difficult to find a platform to launch your offering if it has practical implications and results. From your small home office, you have the capability to launch a million dollar dream but how you approach it is the key. Portfolios, teams, whitepapers, product info, road-maps and social media could be key to selling your brand or solution but it's your IDEA that matters the most.

To have deep insights into your idea you need to analyse, discover, ideate, prototype and launch while you need others to partner and provide for the rest. The Blockchain, crypto coins and digital currencies are in the making to stay for next 100 years unless there is a nuclear attack by North Korea which is unlikely to happen as South is getting along really well :O).

Embrace the blockchain technology as the fad with both hands until its common and think of how to better implement, adopt and improve it on daily basis.

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