Jack Lu, the head of the company Wanchain, said that the current downward movement of the majority of cryptocurrencies is an "excessive correction after a significant growth of the market before", but now is a good time to buy cryptocurrencies.
Drawing a conclusion from his own experience, Lu said that investors need to choose to invest those cryptocurrencies that are "good, that is, have a clear goal, as well as enough resources for development."
Such projects — Lou is convinced of this — will be able to "survive on the market and will be able to become even stronger after such tests."
The expert also noted that it is necessary to be confident in a positive future for the crypto industry, as the mood from the financial point of view is very profitable.
He recalled that "those who in 2013 and 2014 believed in the basic cryptocurrency ideas and invested very little money in crypto-coins, then, a few years later, became super-rich»
