Looking at coinmarketcap.com it looks like quite a severe blood bath. I made this illustration to address the elephant in the room; "How low will we go"?
It's quite a scary question isn't it ? It's hard to see the bottom when the water is raising chaotically.
The thing though is I am not looking for the bottom. I'm floating on my back in the water looking up, because I know this is still the direction we are going in the Long run !
The fact is that I think a lot of investors are licking their chops right now, because this is a great time to buy if you ask me! Know the long term direction and you won't be bothered by the current bloodbath.
All the 3D illustration in this post are made by me and you can download and use it if you want ! Have a great weekend and hope you are enjoying the nice fresh fall weather !
This is not financial advice, just my humble opinion.