A 50% drop is never fun! But relax, it can be a good thing. There are a couple of reasons for this:
#1) If crypto currency just kept going up too fast it could collapse our current monetary system. That would be chaos. We dont want that. Too much disruption at once is not good. A gradual adoption of useful crypto currencies along with block chain tech is best. We're still the early adopters.
#2) Its a buying opportunity! If we ladder into our positions during dips like this its lowering our overall costs as we HODL our favorite crypto's.
Remember after every correction we've seen new all time highs..so we need to have a long term view and not panic.
We want crypto adoption on a large scale to take years..not months
. Let everyone else panic and sell. Let everyone else say "See? Told ya it was a bubble!" Its a good thing long term
image from google