We thought that we are going to start a fantastic crypto year. Morning shows the day. First weeks of 2018 was great for cryptos. Almost all cryptos have shown significant growth in terms of market cap and price movement. But the good news did not go far. Second week of January is not good at all. All cryptos goes red. Market lost more than $200 billion.

Image: Coinmarketcap

If We look for reason, It is not obvious yet. Asian uncertainty plays a vital role for current crypto crash. Other factors may includes:

• Panic sell
• FUD
• Whale play
• Corporate play
• Chinese actions on miners
• South Korean FUD
• Chinese New year sell

Even in this red day, Some coins shows positive price movement. Siacoin is one the luckiest coin which shows positive price. Luckily I have some siacoin. I will never sell it. Even If it is becomes zero. Too much faith on it.

What should we do now?

Answer of this question is straight nothing. You should do nothing. I am sure that market will be positive soon. Before a big movement, maybe this is market correction. This is nowhere near to bubble burst. This is my personal opinion. Please do not take it as granted. You should be your own expert on crypto. Do not listen to anybody. Take your own decision.

Time to invest:

If I had extra fiat, I will invest now. I will get such a low price for long time. Bitcoin under $10K is unthinkable. If you have money, research your cryptos and invest if possible. After few months later, comment on this post that we are winner.

Thank you for reading this post

I appreciate your upvote