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RE: Giving in to Your Fear: Does the Current Market Warrant this Magnitude of FUD?
I think all BTC needs is a mega capitulation candle or two! There’s nothing wrong with crypto’s, it is just the price, once the people driving it down get their fill I guarantee all crypto’s will rise! Time is irrelevant, the longer the sustained downtrend the better! I still don’t think the downtrend ends any time soon, Maybe next year or even longer??
Yes and to be quite fair, when you take a value perspective you need to think 'does owning an Ethereum really provide me $500 worth of value'? The answer is a straight no and this was a much needed correction not just for price growth but so that we can get back to focussing on development and bring an order of rational thinking in as well.
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