The market goes down again

It's giving us a roller coaster ride. The crypto market was moving up well and then again there is a fall. But this is normal and bound to happen. It went up fast and now there is again a correction and consolidation, before it goes to the next level. But every time the market goes down, then those who are still not crypto fans start shouting about its volatility. A friend of mine has never been a crypto person and condemns it. He thinks that crypto investment is just a gamble. Before I used to try explaining it to him but now, I have left it.

I no longer wish to explain any one who does not have faith in the cryptos, and to an extent just not the cryptos but in any area of life. People fail to look at the trends of how this market has evolved over the years. BTC which was in cents is today at 40K plus and which other investment will ever give this amount of crazy returns. And as this market matures we will see the stability in prices also when it gets incorporated at a large in every household and when it reaches it's maximum supply limit.

Source

These ups and downs are a part of the game and there is nothing to worry about. In the last bull run there were 3 major dips which gave corrections up to 30%, and in the previous runs also there have been similar trends, so this is all bound to happen. Even if it's a bull market it's not going to keep moving up only, there will be dips and corrections on the way till it reaches the peak.

So let's see what 2024 brings in for us from the Crypto market for the Crypto lovers.

Thank you for visiting my blog. 👼🏻👼🏻💖💖🌹🌺🌸