A gain of 1268%

From 15th of march 2017 to 15/3/2018.

HODLrs profit

There seems to be a lot of FUD {fear, uncertainty and doubt} going around that apparantly triggers panic selling. And after a market cap ATH {all time high} of 832 billion for cryptos a drop downto can be quite disturbing. While it could be seen as another crash, many in the crypto realm prefer to call it a correction.

Also it can be considered as a cleansing. Where a lot of cryptos will slowly move into oblivion. Together with a lot of doubtable ICOs this will surely clean up the whole crypto market. Maybe also some of the forking blockchain split clones are going to see quite a value drop. So, in a certain way this can be good for the cryptos that make it through this tough period.

The hardest steel is made in the hottest fire and diamonds are made under extreme pressure. Something like that might be an analogy for the current crypto market situation. Yet it might be good to remember that from the 15th of march 2017 until that date in 2018 the market cap grew massive 1268 percent! And maybe the recovery will start within a few days and the long term trend will continue to move upwards.

May the cryptos be with us!

Image CC0 licensed.