Crypto - Is it crashing?
We have Bitcoin below $2400, and Ethereum below $250. Places like Coinbase are having issues because they can't handle the withdrawal frequency.
People seem like they are cashing in for profits, as well as those who have FEAR, just to break even.
IS THIS THE CRASH?
Maybe, but not the end. Perhaps Bitcoin at $2800 levels was just too high for it's time. Perhaps Ethereum at $350 levels was also too high for it's time as well.
Maybe, the coins are just dropping to where they should be for the time being. We did see a crazy spike in mid-June, so let's be honest with ourselves.
In the end, we need to be long-term believers. If anything, this is the opportunity to jump in!