I have started following the crypto world since last 1 year and at that time the market was on an all time high. Everyone thought that it was the boom of blockchain that the experts predicted with Bitcoin expected to reach 1 million by 2020.
But after that it has been a blood bath. There have been many factors contributing to it like security flaws in exchanges, sanctions by governments, huge sell off by holders and many others. The Crash has been very bad and it has affected the confidence of investors interested in buying currencies or investing in the projects implementing blockchain.
Now that there are many altcoins in the market and are at a very low price, is it safe to start investing again? Or will it slide further down the rabbit hole?
It's safe but it looks a bit too late for you to re-invest in the cryptocurrency again. Why did you buy bitcoin at the bottom price when it has reached $5800? If you are feeling worry about the possibility of it can get another slid to the bottom and i might think that you can't afford to lose your amount. I recommend you to not invest in the cryptocurrency if you are still worried about that.