I would tell you to close your eyes, but you might miss out.
June 26 within a 24 hour time frame we have just collectively lost 16,000,000,000 market capitalization at the time of this writing.
Going from 107,910,000,000 to the right now target of 91,866,000,000
YIKES!!!! That is intense, however it is not the first time that we see the Crypto-Market suffer such extreme downs. on June 14 the market cap was dancing around 116,000,000,000 and on June 15 saw a floor of 91,334,280,000!! A 25 BILLION dollar difference. As we have seen the market later on stabilized. Yes you are right, we cannot follow the past but we CAN create the future. What goes up must come down, it is simply a law of life. Our main dilemma? How far down, will it really go?
Out of the top 100 currencies on the Crypto-Market-Capitalization 97 are averaging a loss of (-14.768 %).
the top 10 behemoths alone are showing an average loss of (-16.765%)
- three currencies (of the top 100) that are in the green are:
#36 - Tether at + .37%
#56 - LeoCoin at + 7.231%
#57 - CloakCoin at + 21.24%
WHOAAA, what in the world do we do? do we panic??? Do we SELL OUT???
In the words of billionaire Warren Buffet :
This seems as just another opportunity in disguise.
I speak for myself, but i see possibilities looking at that chart.
Yes i am looking at my wallets and getting anxiety run throughout my veins.
Yes i am very shaken by the drop in the dollar value of my holdings.
Yes i want to just sell out, settle with what is here and relax.
Ladies and gentlemen, we are stronger internally than we can ever imagine.
This is but a game, become the best is easy to say it is time to really test ourselves.
So realistically this is what we have to work with:
-lost dollar value funds BUT kept the raw amount of crypto-currency
- Newfound leverage in exchange of currencies amongst themselves, for example MCAP to Ether just got a good exchage rate.
MOREOVER, one fundamental change in market share reestablishes the Titan of Titans: BITCOIN
recently there has been talk and comparison between the increasingly small gap between ethererum and bitcoin market dominance. Well, here we see Bitcoin grabbing up market control as it reaches a 42.7% grasp of the crypto-enviroment
This just might be able to give those who are still unaware or supremely skeptical of this market a chance to realize some profits and enter our world. With Bitcoin in the lead i do not see why we should suffer permanent losses.
Now we sit and watch what is to happen next.
----- please feel free to discuss your feelings of this and spread the knowledge that you have
- Best Wishes and Best of Luck