Listen,
I know its hard to figure out whether or not if we're in a bubble, we're all emotional creatures who hate uncertainty. But what I like to do is clear the fog and provide some clarity to these markets.
There is some major developments happening. You should treat every market correction as a buying opportunity and 2nd chance to own some cheap crypto.
As I mentioned earlier this month, with Bitcoin activating segregated witness you have to be excited for the cryptomarkets. I have no reason to think it won't be nothing short of a success. Keep you hats on because it will be a bumpy and emotional ride.
In addition, I continue to believe LTC (Litecoin) is the best place to be. It is to me the most undervalued crypto currency , a great hedge, with massive profit potential, and the development team has just been juiced up with the return of Charlie Lee.
Earlier today, MIT (Massachusetts Institute of Technology) has just announced they will be releasing a new project. Charlie Lee suspects that it may have something to do with Litening Network.
Irregardless of what it might be. The big take away is this. One of the prestigious schools in technology is heavily involved and has now joined the cryptocurrency party. This is one of the beginning stages of mass adoption. In addition, they decided to develop projects around Litecoin!
ITS TIME TO BE EXCITED PEOPLE! ------- Not scared. Market cap is still strong and will continue to get stronger in my opinion. If you already have a large position in any cryptocurrency, scale out and keep some cash on the sidelines to buy up any massive discounts.
Cheers,
-MobileCeo