HOW TO EXERCISE UNCOMFORTABLE SCENARIOS FOR CRYPTOS

With the BITCOIN HARDFORK right around the corner and the extremes the market has seen up until now it could be helpful to look at a possible after August 1st outcomes.
Why not start with bury-your-head-in-the-sands type of bad news.

Cryptocurrencies are here to stay

To begin with imagine a world without cryptocurrencies. Well, not that kind of doomsday news.
First, Cryptocurrencies are not about to go away. Bitcoins Blockchain technology and with all of its descendants it has opened a whole new fascinating environment to build up on.
To go as far as calling out lifechanging developments that are only paralleled by THE INTERNET as it really went public with yahoo and aol around the mid-90´s sounds a bit too promising but there are disruptive features to them that the world will benefit from.

But for now let´s face a scenario where there are no green digits on the exchanges. The current market situation is marked by insecurity and hesitation. Since a few weeks the market sees a steady decline in capitalization and since we took that as the indicator of how the market has matured over time and establish his position in the global financial markets one could come to the conclusion that the constant decline signals a lack in trust about its future.

Let´s go down that road of reasoning and see what it does with you. Imagine a further loss in liquidity on the market and we go back to pre-pumping stages of spring last year where only few currencies and assets were pumping for once at a time. Sometimes because of whales taking chances, sometimes because it sounds like new groundbreaking technology and pure hype. But it didn´t affect the whole market like it did the last months where we saw this huge influx of fiat money into cryptos.
The market saw its recent down at 78 Billion $ that is almost 40 Billion $ short of its All Time High (ATH) .
When we go back to november 2016 we see a total market capitalization of 15 Billion $. Our investments would be worth 5 times less in comparison with today. It depends on whether you invested right around that time or just a month ago at the peak to how you would feel about it. When you invested in november you might as well say something like `why haven´t I taken profits one month ago?´
When you invested one month ago you might as well find yourself in a near panicking state of mind asking `why did I invested in the first place and when will the market ever reach those levels again?´

Taking a look at the numbers a back to november crash would mean that:

Dash 8.46$
Reddcoin 0.000037 $
DigiByte 0.000273
OMNI 3.86$
Potcoin 0.01$
Decred 0.73$
Zcash 64$
Siacoin 0.000281$
Peercoin 0.24$
Storjcoin 0.15$
Stratis 0.08$

Antshares 0.17$
Iconomi 0.17$
NEM 0.004$
Dogecoin 2.19$
Lisk 0.15$
Ripple 0.007$
Litecoin 3.96$
Ethereum 9.64$
Ethereum Classic 0.86$

They are not in order but you get the idea anyway. It would even do a much bigger difference to where the market stands now if it all goes back to these numbers.
Take a good look and imagine having as much as the time you first invested or loosing +90% of you investment when investing just recently.

As for me personally I´m still not in the red but as I said before. It never crossed my mind that the gains that the market has seen would even be possible at all. And now that we have seen them I´m somehow more optimistic thinking that if the market would ~~crash~~ down to levels no one really believed to be ever coming back there will always be a chance of recuperating 100xfold. A part of me now sees this prices and only associates them with the best buying opportunities.
The latter sounds a little like hoping for the best when shit actually hits the fan. More realistically it is certain that Cryptocurrencies have a real value and deliver solutions to whatever area there are designated to. As it is the case for every start-up and more so for MINT start-ups. Most of them do fail before even having an beta version of their project on the market despite the team, funding perfect business plan etc. Sometimes it is just a question of time.