Generally, when there's gruesome blood in the streets of a market, a seasoned investor will begin to look for logical entry points. Given the current fundamentals and technicals alike, the crypto market is looking pretty ripe for the picking.
Be fearful when others are greedy and greedy when others are fearful. It's never easy to catch a falling knife, but with probability analysis, we can hopefully increase our chances.
The "Cryptosweep", or so it has been dubbed, is a government effort to curb ICO scams. This has good and bad sides, I believe the bad side knee jerk reaction of the market could reverse.
India tries to flex it's muscles by instituting a goods and services tax to crypto exchange traders. I believe this is a mistake and eventually impossible to centralize. The regulatory clarity could also be a bullish catalyst.
Riccardo Spagni, a noted crypto community enthusiast, will be launching Tari with a team of talented developers. The Tari tech will be a smart contract functionality layer on top of Monero, the leading anonymous cryptocurrency.
Happy Investing C# HODLCREW
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