Crypto Market Cap Down $100 BILLION in Last 30 Hours!

in #bitcoin7 years ago (edited)

Amazing what a few days can do in this wild and wacky world of crypto! Just a few days ago, EVERYONE was going bananas, picking out their lambos, looking at which mansion their about to live in, etc. etc. Now, just 30 hours later, the 80%ers are in a panic wondering what just happened.

The answer is simple and can be summed up in two words...market correction.

When markets go up to quickly, they crash down and correct. For those of us that have been involved in this space for a long time, it's no big deal. We have seen crypto markets shoot to the moon, only to fall back to Earth dozens of times...and this time will be no exception.

For all of you who have recently entered the wild wild west of crypto, my advice to you is simple... DON'T PANIC SELL! Just hold on to what you have and BE PATIENT!

Ask anyone who has been involved in this space for a few years or more and they will tell you the same thing I am telling you. As long as you are holding tokens linked to a solid, viable project with a strong development team and they are developing a technology that solves real world problems, the price of your crypto token will eventually get back to where you bought in at...and more than likely surpass the last all time high over time.

So, to sum this up: DON'T PANIC SELL, JUST HOLD AND BE PATIENT!

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