China ban on crypto have caused big coins such as BTC/ETH/ADA to drop to lowest levels since 2021. All previous gains wipe out! Lowest point for btc now 30k! Is this the doom of crypto? or is this TIME TO BUY THE DIP with ma DIAMOND HANDS?????????
Definitely a tough phase for the market, but not the first time crypto’s faced major dips. China’s ban hit hard, yet long-term holders often see these as accumulation periods. Whether it’s doom or opportunity really depends on your risk tolerance and time horizon.