It is not so bad for the last month, and we should not panic with this dump of the price today. It happened before and almost every time the market recovers fast. This is actually cheap crypto for everybody!
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Oh, two months in crypto, and I haven't seen anything like that. It scares the shit out of me to tell the truth. I didn't panic sell although and actually bought MORE Steem, but.. man, this is black Friday.
It wouldn't be weird if Bitcoin goes down to $3000 dollars again. It was there just a few months ago. This is more expected actually. Since when money grows a lot many will panic more. More emotional roller coaster. And the most fun of all is that nobody is an expert here. So even listen to others may make you paranoid. But nobody knows anything. Or well, we do know that Bitcoins is limited in numbers! And we do know many stand in line to buy Bitcoin. Takes weeks to even get approved. I bet it will start to rise in 2 months time. And go extremely high again.
I know, this is how I called my last article, black Friday of crypto :)) I also don't panic, but a lot of people did. I actually think that the correction is about to end and now we are seeing the prices rising again!