There does seem to collaborated efforts to bring down crypto with all these negative news coming at once. You make a good point that I did not even think about is that steemit has no ads. This makes it decentralized versus platforms like facebook and youtube earn their living through advertisement. Steemit earns it value through content.
Regarding holding long or selling now if crypto market falls my opinion is hold long on the coins that I believe in. Look at the real world financial crisis of 2008-09. The sad and gloom days are over and many stocks back then are multiple. Same goes for crypto. Even if every crypto falls to near zero we are not going to see demand dry up. The fact that there are so many believers in cryptos versus 10 years ago I highly doubt the many big market cap coins are going to fall hard any time soon. I could be wrong but can't always time the market. Thanks.
Yep. Buy the dip, as they say. That said, they never really fixed anything after the 2008-09 crisis other than going from bank bailout to potential bank bail-in. Things could get ugly in the financial world. I'm quite thankful to be diversified in cryptocurrency.