A few days ago, I wrote a post about being very cautious with the crypto markets not to be emotional and "Buy The Dip"... 🤦
.... and a few days later, BOOM! Capitulation! 🤕
Currently the whole crypto market took one of the biggest drops ever with the concern of the coronavirus, oil battles, printing of money etc... etc..
Damn, Fear does cause people to panic.... SHESH!
For so many years, people were saying that Bitcoin was a "safe haven" during a financial crises or a pandemic or whatever... well, we just got our answer today.
It's not, Bitcoin and Cryptos are speculative plays. 🤷♂️
So where do we go from here?
Well it depends... this coronavirus pandemic will hang around for a very long time and there will be tons of fear for a while.
All I can say is that if you still believe in Bitcoin and Cryptocurrencies... Just HODL your stacks for a very long time...
Let's see what happens in the next few weeks...
Keep on STACKIN! 😎
~ Charles Fuchs
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