The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.
Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.
This post is now over one and a half year old but it's as relevant now as it was at that time. For the last one and a half year, crypto has been under a bear and a sideways trend. There's a huge resistance now established and there's a lot of accumulation from both individuals and institutional investors. Buying and holding is the way ahead. There's not much to lose now and every small investment at the moment would count when ultimately the bull arrives.