You check coinmarketcap and everything is in the red.
Then you check your blockfolio app… you just lost another zero.
What’s going on? Is bitcoin finally going to die???
It’s time to take a deep breath and keep some perspective.
In the less than six months the entire cryptocurrency market went up over 500%.
That’s not sustainable, not in any market.
So what we’re having now is nothing more than a normal correction, albeit a crypto correction. I expect it to be quick and deep.
But keep in mind there’s still a lot money of coming into the space and it’s still reaching mainstream awareness.
Plus, bitcoin could activate SegWit before the summer is out.
Sentiment can change on a dime.
And don’t forget, there’s still a long ways to go.
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