The crypto market are currently all in red. It seems that there is a bloodbath. How long do you think will it take and what do you think is the reason behind it? Is it just a massive price correction or is it the end for the crypto world? Just want to know your opinion about it.
Too far from thinking this is the end of crypto world. Still they have values that can consider as decent one. Just let the bloodbath happened to see how far the support for crypto is. In term of bitcoin, $10,000 is just a dream price back then so even after we came back at that level today, still it's a decent value. For how far it will goes down, then let's just watch.
I will hodl all my hold coins since it's not a wise way for me to dump coins during the red days. Well part of the risks so chances of getting more low value instead is possible but hey this is how crypto holding works so definitely I will take the risks as it is worth to give this a shot.