Yesterday, Bitcoin fell below $10,000 after barely missing an all time high of $20,000 a month ago. The market panicked and in a matter of 48 hours, $300 billion evaporated from the total market cap, exhibiting a 40 percent loss across investor’s portfolios.

Cryptocurrency investors around the world were feverishly refreshing their trading apps while firing off messages on every Telegram, WhatsApp, WeChat and Facebook group to gauge what people were doing. Were they selling, HODLing or buying? We have a few words of advice:

Weak hands sell.

Strong hands HODL.

Iron hands buy.

If you’ve invested in cryptocurrency without educating yourself about blockchain technology or the company behind the token, you’re gambling. A small shift in perspective and a bit of due diligence will drastically affect the way you trade and earn. You are investing, not gambling.

Smart investors know how blockchain technology has changed the dynamics of the global economy,  business and self-sovereign identity. They are exceptionally bullish in the short- and long-term future of blockchain. They are doing their due diligence and are actively mitigating losses by investing in solid companies.

Buy, buy, buy is the call.

Market cap performance

Total cryptocurrency market cap performance since July 2013.

Seasoned traders know that every dip is an opportunity to buy. If you analyze Bitcoin’s past performance over the last four years, major corrections happened around the same December and January timeframe for each of those respective years. The ensuing corrections after the 50% crash in January 2014 resulted in higher highs – rewarding holders and purchasers an immense generation of wealth. If you had held on through the crash of 2014 without buying any new coins, you would have been awarded a meteoric 6,400% gain.The fear Bitcoin’s tumble incited will be gains realized by loyal crypto holders, who have been quietly buying up specific coins since last Thursday as they get ready for the rebound.

These investors know that even as we approach regulation, auditing and law compliance, the companies with truly innovative technology will weather the market’s changes. Companies like Icon (ICX), Waltonchain (WTC), Quantstamp (QSP), Ethereum (ETH) and NEO (NEO) will be key, long-term players who will continue to shape the future infrastructure and expansion of blockchain and by their extension, tokenized trading.

The outlook is promising.

Every year, cryptocurrencies rebound harder after a major correction, and it is expected to rebound again. As an investor, you know the markets are exceptionally volatile. However, take a step back from what is currently happening on the charts, and broaden your perspective on the economy of blockchain at large.

Recent events have pointed to a very bright — if not, brilliant — future for cryptocurrency.

There are reports of hundreds of job openings in various Fortune 1000 companies looking to hire blockchain developers. Goldman Sachs is looking to fill positions for their crypto trading desk. South Korea is about to formalize their regulations on proper and safe trading of cryptocurrencies on exchanges.

The market is fudding, but you don’t have to. Do your research before you commit your hard earned money.

Once you’re ready, dig deep into your pockets and pull out that fiat because it’s shopping time!

 

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