People are reacting strongly to the decline of Bitcoin because it is the only cryptocurrency they know, as well as their only indication of how the cryptocurrency market is doing.
This ☝️
Bitcoin is a barometer for the crypto market in general... but if you're susceptible to FUD, having tunnel vision on Bitcoin will drive you crazy. I always think in terms of cycles with Bitcoin. It goes up and down, and that's normal!
Great post! 👍
Of course. But if you close your eyes and wait 5 years, it'll be far, far higher than it is today. This is nothing in the grand scheme of things.