Over the past couple days I've taken the FUD, and the disappointment, and the confusion and put them to the side for a second. Having a put of time to think has made me realise that this correction in the market is more a good thing then it is a bad thing.
There's the classic saying of the correction shaking out all the weak hands in the market et cetera et cetera. However, I think there's a double effect within this correction. It allows the quote un quote "strong hands" to pick up more of a stake in the crypto-verse.
When Bitcoin and all the other coins were going on massive runs, I kept seeing people want to join put more money in, but realise that it's not really possible due to how high the prices were going. I mean from a theoretical standpoint, you should not invest when something is taking off. You're more likely to get burnt at that point.
Now Bitcoin and all sorts of other coins are way down and it gives a entry/ re-entry point for a lot of people who want to put money in this space. At the moment, people are just waiting to see how far down this will go before they invest back in (like me).
I've now come to the opinion that it is almost inevitable for the crypto-verse to rocket back up. It's only a matter of when.
