Crypto Crisis, Should we panic?

By Espandor | Espandor | 1 Dec 2020

Few days back, I went into my wallet and discovered a huge downtrend in almost all Cryptocurrency.

Wasn't aware what exactly caused that massive drop, bitcoin went all the way from $19k to $16k leading almost all the alt coins down as well.

Bitcoin Cash was at $300+ per coin but at that period went all the way back to $256. But recently at $272 with a +4.1% growth.

There's no doubt that the little downtrend all Cryptocurrencies had in the recent days may have just brought panic in many minds!

But that's part of investing!
A little downtrend or drop in price shouldn't bring in thoughts of laying your investments off! Tomorrow might just bring you regrets if you do so!

Here's a little price changes report( as at Nov 29 7:04pm Nigerian Time)

Bitcoin(BTC) $17745.64 +6.1% growth

Ethereum(ETH) $541.16 +7.45% growth

BitcoinCash(BCH) $279.78 6.75% growth

Dash $105.15 +15.91% growth

Compound(COMP) $109.05 +7.18% growth

Litecoin(LTC) $73.15 +7.6% growth

A Little bit of percentage growth for Bitcoin and all the Altcoins and Compound seems to be doing really great and can I just forget about WLEO?

Not Really!

WLEO at the time of writings this is sitting at a price of $0.3200 with +4.14% growth!

That means we are rising alongside!
We can never be left behind, I can literally see WLEO at $1 already and that would be a big win and progress for Leofinance.

Crypto crisis shouldn't create panic within us, rather it should signify a greater growth that is expected after a fall.

The future of the world's economy and finance is all based on Crypto, crypto is the new currency, so grab yourself an investment while you still got a chance!