I feel there is not much to stop the stumbling, except the weak hands finish dumping what is in their hands. Imagine the strong hands taking advantage of the present situation. They even assist the media in compounding the situations facing the market. They are the ones that rush down in spreading the FUD and causing fear in the hearts of many.
It is until every investor and traders realise that there is nothing to fear when it comes to business and for them to know that some are out there trying to take advantage of their fears. Then i think with this, cryptocurrency will have a turn around for good.
Although, this is what makes the market interesting.
What makes Market interesting is trading. And when so much people just hold their coins we get drop in price. People need to understand that they need to exchange their coins, to keep the flow going. But people still think that they are going to become rich simply by holding... well those days are behind us.
With everything that is going on, FUDs, bad news, fake news and panic sale we get community that doesn't know what is going on and market that is crumbling. I agree with you about people who manipulate and know what is going on, and that they will take the advantage of the situation. People need to understand how it all works, and stop blindly hoping that by holding, somehow everything will work out just fine... well it won't!
That's exactly correct. Though the initial investors who saw the potential in these back in '09-'12 are probably very happy with their choice in hodling, this won't be the case any longer. The potential of blockchain technology and Satoshi's ideal for the perfect online cash system were never intended to be held like assets. The whole point of mimicking the gold standard was to implement a system that couldn't suffer inflation due to the printing of fictitious new tokens. The technology we're developing is real, the implementation of it, however, is still at its early stages. So long as this community continues to transfer the coins and educating new investors on how they can benefit from using these rather than fiat, it'll continue to grow. Hodling forever is basically like token burning, having them sit in wallets until the end of days. Media has always been the governments' and banks' means for manipulating the masses, but now information is uncontrolled and anyone can educate to what is really happening. We can let others know that the potential for a decentralised economy is still alive and well regardless of what some stockbrokers have to say about it when compared to the USD value. So yeah, the tech is alive and kicking, and the markets will pick back up, but we have to do our part as well. Using and educating.