Crypto is right where it needs to be

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Stop panicking

In recent months we've seen a huge down turn in the crypto markets with BTC being down over $12k from it's highs and the alt coin markets seeing huge crashes but is this the "bubble bursting" that so many bankers seem to be spreading?

FUD

Of course the bubble isn't bursting, BTC is still well over 200% up on 2017 lows, this is merely a healthy correction in a massively over estimated market price. Any good investor will see this as a great opportunity to buy on the dip. The constant talk of crypto being a bubble that will burst is panic FUD by the parasitic bankers who are seeing the end coming for them.

Alt coins

Alt coins are suffering quite a lot due to the current down trend Steem in particular saw over $6 highs which have now dissipated to the current $1.80 but that's still over double the $0.70 we saw Steem sitting at for most of the third quarter of 2017.

SBD has slumped back to around $1.70 from highs of over $15 but this is still up when you think that SBD was meant to be for the most part equivalent to the US dollar so we are still seeing an improvement.

XVG saw highs of over $0.20 at the end of 2017 and is now sitting at $0.04 if you didn't know the historical price of XVG you would think the coin is a dud. This coin is still up over 1000% on it's price mid 2017.

There is no panic

If you hold substantial crypto in your portfolio and you're looking at the value sinking don't be one of the inexperienced investors panic selling the lot at huge a loss, just relax and hodl. The value is going to go back up. If anything I would be buying more now on the dip, it's a great opportunity to bolster your portfolio before the prices start rising again.

Looking forward

I'm still expecting BTC to slump lower than it is right now but I do believe we will see it hit $25k by the end of the year which is probably a conservative estimate.

Steem could possibly hit $10 highs this year.

Verge will hit at least $0.50 this year if not higher but time will tell after the April 16th announcement which they claim "will change crypto forever".

Let's all HODL our crypto and wait for the bullish market to return.

These are my opinions on the crypto markets and not investment advice

Crypto is right where it needs to be | Ecency