Personally for cryptocurrencies in general I think we're in for a long road ahead and a long down period, I think it's going to continue to get worse before it gets better. I could see bitcoin calling back down the $3,000 honestly before any sort of upward correction takes place. But as cryptocurrencies fall it also gives you an opportunity to dollar cost average your positions if you believe in crypto and believe we'll see extraordinary highs again. Dollar cost averaging can help reduce your overall cost basis on your positions and help you realize larger gains as the prices move their way back upward.
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