it's hard to say where the bottom is now. a lot of smart people saying that we're at the bottom, some saying it's a trend now and thhe next bottom is 7

there's data to support either position tbh

so we will see what happens. stick to fundamentals and it will be ok. don't invest more than you can lose is #1

but look at it this way

this is an absolutely excellent time for someone who was never in crypto to get in

and don't second guess the millions that have been flowing in

the problem isn't with bitcoin, blockchain, eth, whatever

the problem is it grew way too quickly

btc will hit 20k. probably within the year, but maybe not

whether it does or doesn't do it this year -

blockchain technologies are going to fundamentally change a lot of industries

look especially at blockchian techs besides bitcoin

some of the best people from every industry are working on blockchain projects , and they are there because there's insane fucking money there

look at what VEN is doing, for example

look at what they are really set out to do, as a whole

crypto has never been just internet gambling points

& people who say that kind of thing with conviction are morons

every day new players enter crypto., some get scammed out of their money, it's unfortunately easy to learn the hard way on that one

but the numbers dont lie. every day new consumers enter, every day exchanges can handle more people

this correction happened because we overbought

these projects are still very young

but ultimately anyone involved today, if sitll trading altcoins in 5 years time

they will be juuust fine

because the main problem with us buyers wasn't that we were wrong

it's that we were premature

but we were correct in knowing that these technologies are going to shape the future ...... that has not changed

i personally think the bear trend will be long. but it will be over well befoer this time next year

hell

look at bitcoin on a chart

it has seen 'crashes' just like this one

when it went from 2 cents

to 24 cents

whoa holy shit BTC is up to 24! we're rich !

then it crashed down to 12 !!!!

btc was $ 7dollars

it went up to 21 dollars

and crashed to 15

nothing beats fundamental technical analysis.

there's people who saw it coming clear as day

they shorted it

they made money on the crash, after seeing basically the normie FOMO that took place