With all top 20 coins in market cap being massively red; does this mean score cheap coins tomorrow or will the market tank further? Thats hard to tell, the overall market cap is down 5.60% but 24hr trading is up an amazing 16.1% so besides all the selling there are definitely people dollar cost averaging since we've seen a good run in the market the last few weeks compared to the stock market, but with the pandemic, the protest all over, this could start a very rocky beginning for cryptocurrency this summer. I will be DCA (dollar cost averaging) tomorrow and the next few weeks, i see massive sell offs and short bull runs these next few months with little price gain but who am i to be giving this speculations everything i am saying could be wrong and we could end up seeing a massive bull run this summer but i think that is very unlikely with everything going on.
With everything i said in my previous paragraph i do believe that it is a smart time to buy while its all red you never know if you are gonna see coins this cheap ever again. These dev teams are constantly churning out uses that apply to the masses and mass crypto adoption will be around the corner shortly, so its better to get in now and ignore the short term gains and losses and prepare for when everyone starts jumping in an and scooping up your beloved coins and teams you have supported over the months/years.
Thanks again for reading my rambles your support means the world to me, thank you again for being such a great community. Be safe and have a wonderful day.
