So today we see crypto head south and into the red and the media goes wild with speculation that the bubble has burst. Has it? Well that depends on how short sighted you are.
I believed a correction was always going to happen, crypto is a rollercoaster of ups and downs with large movements over short periods of time. It’s in its nature to dive every now and again, just as much as it’s in it’s nature to rise quickly.
I guess where I’m going with this is I don’t see why we have all the tears today. If we talk Bitcoin there is still a gain over the past month hanging in there, it’s still up over the start of the year. It’s been phenomenal performance yet people cry when it takes a breather.
I say hang in there, crypto is a game of nerves and those who ride the waves will win, even if it’s not tomorrow.