"Is Cryptocurrency dead?" This is question many are asking right now
In a month, Segwit will be here.
Until then FUD will bring down the prices of everything, ready for a massive pump. Buy low, sell high indeed.
Crypto isn't dead, Bitcoin is in the largest change it's ever experienced, and this is uncharted territory for us, but Crypto is far from dead. It's too big an opportunity for those super rich hodlers to miss, it's easy to FUD a coin, mess with prices, and this is what it is. The 'normies' who have just jumped on the train (and there are a lot of them) have now exited due to fear and panic, and now it seems the FUD has reached max level, with less confident investors getting into Tether.
Prices are dropping, and - sadly - will likely continue to do so. I'm not in Bitcoin, I'm in Altcoins, and I'm not going to sell them. At some point in the future these prices will go back up. My hope is within a year, Bitcoin will pump again, and as it pumps so will all coins tied to it, and as confidence rises more people will invest in Alts, and that will also push prices up.
For now, its going to continue to be traumatic, Segwit is a trying time for all who invest in Crypto, a lot of people are taking advantage, and this is dropping the price, accumulation is the name of the game right now.
Good luck