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RE: Monday Massacre: Bitcoin, Ethereum Lead the Way as Cryptocurrencies Retreat into the Red
Agree completely! I am laughing at people who on day two of the downturn were saying, "Bitcoin is now in a Bear Market." I am new to cryptocurrencies, but not to trading. You can't interpret one day, one week or one month as the long term destiny of any given issue. Sometimes a stock can be depressed for a year or trade sideways until it makes its next move up.
As the smarter people I am listening to are all saying, if you fully understand the potential of cryptocurrencies to transform our financial institutions and even our society, you would take at least a five year view of the issues.