What’s going on in crypto market?
Cryptocurrency market capitalization went down significantly within last 24 hours. Many investors are in a hurry to sell all bitcoins and altcoins they have left and save at least some money. Is it the end of cryptocurrency hype and digital money will be worthless soon?
Well, actually there is nothing to worry about! Have a look at the cryptocurrency market for the last 4 years and you will see that it is cyclical. Everything we see today has happened before already. Large investors and market-makers are making money of the market downturn and push unexperienced players out while making impulsive investors sell their assets.
But do not worry. Whenever the market reaches the bottom all the red line will turn green.
Cryptocurrency market will bloom again and set new records. You should think about it and prepare your cryptocurrency portfolio for the long run. There is no doubt blockchain has a bright future!
Chief of Business Development