To be honest, these are not the best days when being involved into the cryptoworld. But it will survive and probably reach never seen heights.
Whales are firing up their engines and this is one of the reasons the markets are going down. It has nothing to do with a loss of faith in the technology, I can assure tou this!

Don’t forget that mass adaption still has to start!
Don’t start questioning yourself if the investment into the cryptos was a good decision or not!
More than 99% change is that it will be. Just make sure that you do invest into coins with a real use case, with a strong and genuine development team and your investment will be okay!

Different type of investors

At the moment, we have 3 type of investors. To which do you belong? Only number 2 would be bad!

So, for the ones who are having still some dry powder there will be golden opportunities. (But maybe better to wait, that the market shows some signal of improving and watch out for the dead cat bounces!
For the ones who did invest money they couldn’t miss there are scare full days (but I don’t pity you, cause it was a dumb move to do).
For the ones who ran out of dry powder and still can wait with cashing out, like myself, the waiting days have begun.

I could bring in more cash but then I would trespass the limit of money I’m comfortable with. I don’t want to be placed in category 2! It is just not worth the gamble, although I do firmly believe that blockchain together with Robot Process Automation will be the future.

Risk

We all do acknowledge the supremacy of underlying blockchain technology, we all knew that a lot of risk was involved by investing the cryptoworld. These risks are not based on the technology, which certainly will survive, but based on the people outside the cryptoworld!
But (un)fortunately not all coins will survive!
This is not a bad thing

Governements

Governments tried to ignore it, and warn their people for the risks involved but now they see that more and more people get involved, they just want their slice of the pie, which can only be done by some regulations. Probably they will succeed in doing this, but we probable can compare their regulations with the regular stock markets.
They will even embrace the future of the blockchain, cause it will mean a cost reduction for them. Just like other trilion worth of companies. Even facebook will have to change their business model or will eliminate themselves!

The middle men

The companies, who are the middle men in lots of business, laughed in first placed with the blockchain solutions. Then they feared it and started to undermine it cause it will eliminate their existence of life! So, in the next year they will do everything within their power to keep undermining the blockchain and cryptoworld. In will become more and more fierce and they will not hesitate with blows under the belt! But in the end they will lose. They will have to adapt or will be eliminated. Remember the old video rental stores. Most of them were not prepared for the future and have vanished! It will be the same for most of these companies.

Keep the faith

So, in the meantime keep the faith in the blockchain technology, cause it will survive and be bigger than ever. It will flourish once mass adaption starts. Every company in the world, ever person in the world will have to deal with some kind of blockchain technology. For some it will be plain obvious, for other it will something which happens out of side.

We will prevail without a doubt!
Remember this is a marathon not a 100 meter sprint!
If you are like me in category 3. Have patience and enjoy life with your dearests! You will be fine!

Always glad to read tour viewpoints!
If you did like this post, a resteem, upvote and/or comment are always apprciated!

Keep the faith and patience,
Peter