There has been a lot of bad news concerning cryptocurrency in the past few months and hence the markets are taking a big hit.
I hope some good news comes our way quickly because things haven't been looking so great for the past few months and inexperience of investors is costing us.
I don't see any exponential increase in the near future but I believe the price will shoot much higher at by the end of year.
So buying right now doesn't seem all that bad, if you're in it for the long term you'll definitely make profits (huge profits).
I think you're very correct in your analysis regarding long term investors. Like you said, anything parabolic from where we are at present is very unlikely - perhaps just as unlikely as a major crash from current levels - but, if you're adequately diversified and patient, it should be fairly difficult to lose long term if you're buying now.
Exactly.
The best thing IMO right now would be to Hodl and not give in to the FUD..
Just believe in Bitcoin, it's not called the king for nothing
I too hope for the same @rjunaid12