Shouldn’t we rather talk a bit more about fundamentals or/and all the positive news happening in the space? When the nights are dark and full of terrors, shouldn’t we bring some light?
Of course we should be worrying more about the fundamentals than about the price. Only shortterm traders are worrying about the price and not the underlying fundamentals. When it comes to price fluctuations in intraday trading these are normally not caused by any shift in fundamentals. A lot of the price changes just come naturally due to supply and demand on the exchange. That is why traders are looking to make a profit based on price. As an investor who has a longer investment period, will always worry more about the fundamentals than about the price. In case of strong fundamentals the price can be high or low for sometime, but eventually the price has to match the economics. It can't be that strong project with excellent fundamentals will be undervalued forever. Eventually other investors will notice it and start driving the price up. The same goes for bitcoins, I wouldn't worry too much about a 5 or 10% drop in price during a month. As long as the longterm trend is upwards there is no real issue, we just need to stay invested for the longrun.