So BTC and most alts are down 10-25% pretty much across the board from 6:30 est. this morning.
So what do you think guys, buy this dip or wait for more blood?
If this scenario will occur again, I will buy more once i have more funds and hold it for a long time period. Like when you invest in bitcoin, this coin is obviously intended for long term Investment, so for the better profits we must be patient by holding it long.
This is the strategy normally applies by the monetary economists but the current involvement of technology in the business is changing so many rules.
IN my opinion, it is one heck of a chance to invest right now. Because a reduction in the market value of an asset does not results in the reduction of the potential in the technology. Besides, in the initial stages, when the marginal profitability by the asset is very high, investment is encouraged a lot.