This is what we were hoping for! After a couple of scary days the market hit rock bottom and seems to be recovering quickly. We are already seeing ETH up 27.69% up on the past 24 hours, BTC is doing well with a 5.11% increase LTC has a solid 13.48% improvement and DASH, NEM, Monero, ZCash and the rest are looking solid as well.
We haven’t been able to recuperate fully yet but this is looking very green. Wondering if it is too late to buy? I don’t think so. Chances are we will bounce around a bit more before jumping on the Big Bull and running with it. I am not giving financial advice but I’ve been throwing all my extra cash on ETH and so far it looks like a good choice. No need to rush though, like I said, things are likely to bounce around for the remaining of the week before solidifying a new trend.
More than anything I believe this is a good opportunity for all of us to see how much faith and value there is in this cryptocurrency market. If this was truly a market correction, then we have nothing to fear and we can be confident that we are investing in valuable and secure assets that will continue to pave the future for a more fairly distributed financial system.
Enjoy the Ride!
