These are buying times right now. So many opportunities. HOWEVER, What I find hard to stomach are the haters. Haters talking smack can ruin a good thing just by stigma. The news cycle is full of "I told you so" talking heads predicting the doom of bitcoin and crypto.
This kind of talk prevents the needed new investors from diving in. So while I'm convinced of the crypto future, the still small voice in my head is asking, "Could the haters ruin it all?" Banking institutions and governments are scared of change. I think what we are seeing are torpedoes from bankster subs coming at crypto from all directions trying to blow it out of the water.
They are probably doing tat at the behest of the banks who are paying them to push prices down so the banks can buy, but I' a conspiracy theorist...
I think you are absolutely right with that statement. Bitcoin for example is the introduction point for investing in the blockchain. The cycles show bitcoin value decreased when ETH started gaining market share. Then it decreased again when the ALT coins got their share. It's about time for the cycle to move up, and the big institutions are working hard to push prices down to buy the dip.
I unfortunately, will not be able to buy the dip because I believe in each one of the tokens in my portfolio (day trading is too stressful for me). The market will recover, but as somebody say in a different comment, the HODL strategy needs to be adjusted to the market conditions.
Great post @aggroed