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Bill Gates has called Crypto, NFTs as Based on ‘Greater-Fool’ Theory
Yet many other well read people like American billionaire businessman David Rubenstein said that crypto would not go anywhere despite the ongoing market correction.
Yeah, just a normal correction or a winter market which is normal for a market. We all know that there will be always a bear market and bull market, it's not always "UP ONLY".
Another thing for me is if you notice, it's not only the cryptocurrency market that suffers, look at other markets especially stock markets, blue chips, or internet companies, and most of them are bloody too, so for me, very natural.
We are indeed facing a winter in the crypto market today, and i think the crypto prices are going to drop further in the next couple of days, so keep on hodling on. For those who are strong enough, this is just a normal scenario, while for those weak hands they fear that this crypto market would be over. However, for me, everything is normal, it's just that the market has terribly been bearish these days. And worst is, no one gets to predict correctly how long will it last. Just keep the faith and stay hodling. The market will always recover and we know that.