compared to fiat, crypto in the US still has a ton of room to grow. & it will

if you're patient, ride out the storm, you'll be ok. it's going to suck.

it may be a long storm

but during that time important things will happen

development for cryptocurrency entry points will continue rapidly

because think about it, it's still not even easy for the majority of people to do !

people are lazy these days. they want to log on to FB and link their credit card to your website via stripe

two-click crypto purchase

that's what they want

and it's what they will have

because entry points are forming

exchanges, another chokepoint

do you remember bittrex & binance had to close registration for a period of time ???

believe me. it's the last thing they wanted to do

if a business has to close it's doors because it can't meet demand, there is a serious scaling failure there

and these are fucking **massive** exchanges

their fucking servers caught fire, so mnay people were using them

so the problem isn't that the tech isn't the future

the problem isn't that we spent our money on vaporware (not necessarily anyway)

the problem is that we spent our money on **young ** tech

the only thing we had wrong was it's age

not ready for mass adoption just yet

so it's gonna suck ass for a bit

be slow

one day it will turn. and that fomo will be absolutely retarded. and after that

it will correct again, at some point

and ppl will say

>man you remember when btc was 30k ? I should have sold

>now im sstuck @ fucking 21k dude fuck btc

it's our fault for getting into an investment and then letting it lose 40% of it's value without selling sooner

valuable fucking lesson, unfortunately

i thought I knew it

nope

learned it the hard way

so i recommend one of two things

cut losses, take your loss and avoid investments that are beyond your scope & out of your wheelhouse. only invest with money you can lose

or

hold out because the market will return. take the lesson but really do learn from it. buy smarter. use stop losses. protect investments. get out of bad investments at 8% loss to avoid taking a 50% loss. ONLY BUY LOW and sell that motherfucker high.

but it's hard to distance emotion from rationality when it comes to trading. it really is fucking hard. if you can't do it then the first is probably the better option. nothing wrong with it at all.

the rest of us will be holding for a long time - bearishness could last even up to 4 months

when you do come back to crypto though, just remember anyone trying to profit from helping you invest is full of shit, & it's probably not worth it