I feel this is getting blown out of proportion. Yes it's a bad market right now, but we saw such huge growth in such a small amount of time. The market is simply adjusting itself before growing again. No ecosystem can increase 10, 20x in a year without corrections, especially in a global system.
You are viewing a single comment's thread from:
but it's horrible for new investors that came in with the big wave at the end of last year and got crushed like me...people that need a huge rally just to break even. I've invested in stocks (risky stocks) for over 20yrs and never experienced anything like this. I thought I was buying cheap after some of the dips, then it would go down again, and again, and again, this repeated...average down doesn't help when it keep dropping after you buy and you have less money to work with