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RE: Market Cap Down 300 Billion (Original Blog)
The cryptocurrency market is currently down bigtime, with Bitcoin below $12,000 and many altcoins down over 15%. I don't personally love what I'm seeing in the market, but I'm cautiously increasing my positions in crypto that I have the highest degree of conviction in. However, I'm also keeping some cash in reserve in case we dip hard below $10,000.
Early in 2018 the cryptocurrency market climbed to new heights, only to drop more than $200 Billion. Is the bubble popping, or are we simply in a correction? What is the news?
Hahaha sorry I have to laugh every time I see the word Bubble.
I am positive in my standings and am waiting for the next rise up. I definitely think it is a needed correction, thanks for reading and chiming in