The Crypto World has Witnessed a lot of Ups and Downs (Mostly "Downs" Though) this year 2018. Now we are at a point where most investors percieve to be the best time to invest in Cryptocurrency, but unfortunately the dip has only worsened.
This has left a lot to ponder and a lot of people are starting to ask the question "Is this the end of Cryptocurrency?; especially BITCOIN".
Let Me Have Your Take, What do you think? Leave a comment below.
Cheers
On the contrary actually, "this is the beginning of cryptocurrency" but because this space is still young it means that it is still widely immature and swayed easily by outside forces. The dips are further worsened by traders who've placed sell orders for when btc drops to certain price points to protect their profits only to buy again when it reaches the bottom. I've heard Tone Vays recently say that he does see bitcoin dropping all the way down to $4K and possibly even further. Other than that I wouldn't really know as I don't speculate especially not in the short term, I just Hodl.