- Apr 2017
Close to $16 billion has been pulled out of the crypto market within a week. Is this a correction? Panic? Multiple speculative fears amounting to a lack of confidence? An emerging bear market? No one actually knows. This market is less than 10 years old. It's already gone through multiple growing pains. And all along the way we've seen huge market swings, ICO scams, hacked wallets/exchanges, but overall we've seen the common person make more money from crypto than any other legal investment out there.
Only time will bear out what this market will do, but one thing is true. There's already too much money and infrastructure in place for the overall market to fail. There will be more booms and busts, just like any other market, but the potential for massive investor gain is still very much a reality. My advice: wait it out.
http://www.trustnodes.com/2017/06/26/combined-market-cap-digital-currencies-falls-100-billion
Only time will bear out what this market will do, but one thing is true. There's already too much money and infrastructure in place for the overall market to fail. There will be more booms and busts, just like any other market, but the potential for massive investor gain is still very much a reality. My advice: wait it out.
http://www.trustnodes.com/2017/06/26/combined-market-cap-digital-currencies-falls-100-billion