The decline in the value of cryptocurrencies — both Bitcoin and altcoins — lasted throughout 2018 and continues even now. Compared with December 2017, digital money has dropped in price many times over. And a reasonable question arises: what to do with your cryptocurrency assets so as not to regret it later?

Right now the value of digital money is extremely low, and this hinders the development of the industry, despite the importance of blockchain technology itself. At the beginning of December, the leading development team of the Ethereum Classic cryptocurrency, ETCDEV, shut down due to a lack of funding. The controversial hard fork of the cryptocurrency Bitcoin Cash, which resulted in the new altcoin Bitcoin SV, scared off investors, and, according to Bloomberg analyst Mike McGlone, they decided that blockchain technology was not yet sufficiently developed, so they decided to exit the market.

As a result, ordinary users found themselves in a difficult position — the development of the industry is slowing down, the value of assets is extremely low, and most financial experts, even those who are extremely positive about the future of digital money, believe that Bitcoin will not begin to rise in value until several months from now, and in the near future one can expect only a worsening of the situation. A similar opinion was previously voiced by the head of the Japanese fintech company Quoine, Mike Kayamori, and the billionaire Jim Breyer. However, despite the fact that the cryptocurrency market is currently in a phase of decline, there is no need to panic. According to a number of analysts, there is no single reason for the fall in the capitalization of the cryptocurrency sector, but rather a combination of factors — from a vacuum of new ideas to a decrease in the attractiveness of the entire segment against the backdrop of a lack of fresh capital. Therefore, they do not recommend making sharp, ill-considered moves and impulsive decisions at the moment, because a scenario is quite possible in which a new flow of investors will come into the cheapened cryptocurrencies, wishing to buy what looks attractive after the fall. In this case, Bitcoin and the main altcoins will begin a new round of price growth. Right now it is worth waiting and observing the situation, and if new investors with money come into the industry, within a few months the price of Bitcoin may rise to $6,500-$8,500. However, if the current situation does not change, the value of assets will gradually decline. The decline in the value of cryptocurrency is also connected with the fact that investors expected a repeat of the 2017 scenario, so they began to worry greatly when, in November, digital money updated its yearly lows. And the longer a bearish trend is maintained, the stronger its influence becomes; the law of the feedback loop is at work, where each subsequent negative event accelerates the overall effect. And the factors that influenced the restraint of cryptocurrency value growth throughout the year have not gone anywhere. The continuing decline in quotes makes ICO projects unprofitable, and their fall further undermines investor confidence.

However, the idea of holding cryptocurrency and not giving in to panic is still relevant. After all, recently a number of interesting and high-quality changes have been taking place in the market. First, institutional investors are coming, and they will not buy assets at an inflated price. Second, a revaluation of currencies and a correction are taking place. And cryptocurrencies are only beginning to penetrate our lives, the cryptocurrency industry is becoming more attractive, and the current fall and the active buying up of cryptocurrency by whales are aimed at squeezing out non-professionals. The market is changing, and going forward its behavior will be much less familiar.

Moreover, for some the 2018 cryptocurrency market crash is a catastrophe, for others a new opportunity to buy. In other words — now is a good period for buying Bitcoin, but if you ended up among those who bought bitcoin at $15,000 — wait, someday the celebration will come to your street too. The top of cryptocurrencies is constantly changing, which gives reason to look at altcoins. And if you started investing in cryptocurrencies, then you should fix your profit in them as well. Tying yourself to the dollar is wrong.

In conclusion, it is important to note that despite the fact that most experts currently call the situation on the digital money market not the most fortunate, they nonetheless do not abandon their expectations and believe that the potential for innovation is still enormous, and with a competent approach, over the next 5 years each of the investors will see great growth in their profits, and the crypto economy will mark its presence in the real economy, in the spheres of finance and big business. Therefore, there is no need to panic and make rash decisions.