Are you ready for the fall in this trip on cryto?
The market cap e going down, but don't worry, just hold on!
Unless you suffer from the heart. In that case, just take a deep breath, relax and try not to lose your head.
The crypto market has many bumps just wait for the wave and surf it...
Buy low and sell high, if you want a short term investment.
But if you are looking for a long term investment, we share the same opinion!
And when I invest in crypto the value of that crypto is in the it's tecnology and what problems it should solve.
Other importante thing is to take a good look in the repository of that project and see all the activity in there. If there is nothing in there, no new code, no issues..... Just run from it!
If you go for it don't forget to analyze the market cap to predict a future value of a coin.
Today we are at $400B, and a crypto is on 10$ how much the market cap has to grow for this coin to value 10 times more?
The secure thing to do is pointing into a market cap ten times bigger then now. So use the graphic timelines to see if there was a value like this on the past, if not, you can estimate when it will reach this value.
Lookin in to the graphic https://coinmarketcap.com/charts/ in my opion it could happend next year if things carry on like this. And of course, with all the bumps included and lots of adrenaline.....