A much needed correction to draw new investors into the crypto market !
This healthy correction (which is already reversing), was much needed to drawn new crypto investors into the market.
Having seen the huge increases a lot of investors were staying on the sidelines.
A great number of my friends and colleagues, some of them high net worth individuals here in Switzerland, had been reluctant to step into this overheated market.
Since Friday however they have started transferring funds to their accounts and have actually started buying the bleu chip altcoins.
My guess is that this is happening all over the globe, which will result in an even higher and faster uptake of the altcoins once the dust settles.
Any thoughts?
Thanks !
Lots of people, especially in the media are highlighting the price correction as a huge negative however as you say it is the exact opposite. Dips provide opportunity for new investors as well as current ones to add to their portfolio.
Absolutely, this will soon be seen as THE moment to enter the market for the those who hadn't already done.