With massive manipulation in progress and panic selling ensuing, all you can do as an intelligent investor is slowly but surely refill your positions in BTC and ALTS. Every person who has been in crypto space for over 9 month and understand basic economics, can see that we are on a brink of a massive adoption cycle. Do not take this directly, we are not talking about Bitcoin mainstream adoptions, we are referring to alts adoptions, however since Bitcoin is digital gold of cryptocurrency, it will move up towards it's next target surely and firmly in coming month.
Many will refer to 2014 similarly as to 2018 and try to combine these two patterns to conclude that sideways movement with downward trend is what we will see. That's actually incorrect in many ways, but mainly it's false since you're looking at two completely different stages of Bitcoin. Back in 2014 there was no talks about adopting blockchain and cryptocurrency into firms, governments, regulators weren't taking it seriously and most of the world never even heard of Bitcoin, let alone cryptocurrency or blockchain technology.
Currently we are in mass adoption stage which means that institutional investors are not far off from getting into crypto. By our estimates it will happen within this year when we will see mass money flow in crypto sphere. Many have said that this is the biggest bull run known to cryptocurrency history that is awaiting to take place, and we would agree. No one of course knows the true capability of institutional money, but at this point we can only speculate about it.
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Hope you guy enjoy my statement. Please, feel free to comment and discuss.