WHY PANIC? WHEN WE HAVE BEEN HERE BEFORE!
First off, the market share of cryptocurrencies dropped significantly, from $ 3 trillion, which was always the highest, to below $ 1 trillion. People's portfolios make up less than 90% of the $ 2 trillion that has been taken from the market, which is a significant portion and is reasonable enough to generate fear. Your StableCoin is the only secure asset at the moment. Many assets can find safety in StableCoins, but some of them are very adaptable.
But this bitcoin cycle often goes pump, dump, soar, and crash. Because of the veterans who have worked in the crypto industry for a very long time, it's like breathing oxygen. We all know that occasionally the market will plummet as if there is no hope for cryptocurrencies, and then it will start pumping as if to punish those who question their existence.
I woke up this morning and saw my cryptocurrency portfolio had a lower than 90% return over 2018 déjà vu, this is how I felt when cryptocurrency was dropping. Bitcoin finally hit the lowest $ 25k compared to always being the top $ 69k. Even though the market was in freefall, I regrettably didn't have much steem to turn to in order to vent my frustrations.
Learning about previous market crashes in stocks, shares, and the NASDAQ will help determine whether this is a legitimate investment opportunity or just a crypto opportunity. Ironically, all investment categories—stocks, stocks, Nasdaq, ETF, Facebook, Netflix, etc.—are at historically low levels. The only asset you could invest in that would retain its value is StableCoin.
Times like these will cause you to question a lot of things, but investing for a long time helps to calm your mind. You can avoid worrying about price decreases by doing this. If you have money, now is the time to purchase coins. Now that goods are so inexpensive, you may get more bags for a lesser price.
The price of bitcoin used to fall and jump over time; those with more than four years of experience in cryptocurrencies are aware of this.
It just a matter of time, the crypto market will smile once again.
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