Why the Cryptocurrency market is far from over:
Although you may relate to this picture (I know I do right now), especially if you are just getting into the market, you need to stay calm. If you are unfamiliar with who Isaac Newton is, let me give you his famous quote...
What goes up must come down.
Now after hearing this quote, you are probably thinking, "how is that suppose to make me feel better". Well, because Isaac Newton lived during the 1600s and 1700s, and that shit doesn't pertain the the Cryptocurrency market today. It is actually quite the opposite now. The more publicity the Blockchain networks and Cryptocurrecny markets receive today, the more money that will be pumped into it. It is still in it's infancy stage right now, countries are just starting to see what it could mean for them. Even our own Militaries are starting to implement Blockchains which is groundbreaking.
Those seasoned folks who have been investing for a while, see the market for what it actually is right now, a shopping spree. The market is naturally going to rise and fall creating years worth of bell-curve graphs. However, the thing that remains constant are the high peaks, they are getting steeper and steeper. If you can learn to sell during these high peaks and buy back when the market is on a dip (like right now), you can see your overall investments grow even more. This is one reason for the current market dip.
The main reason for the dip right now is because of the whole Segwit issue (go ahead and research if you haven't done so already) going on right now behind Bitcoin. Many are unsure of what will happen, so they naturally pulled their money out which is understandable. As a result, the market drops and will continue to drop until that money goes back into the system, which will happen when everything is settled. Those who have already pulled out, will make some nice gains when they buy back in at lower prices, as long as they catch the train. For those who didn't pull out in time, I have one simple word of advice.... HODL!
Thank you for listening and I will see all of you on top of the moon when the rest of the world catches on to the Cryptocurrency market. Feel free to give me a follow and I will do so in return.