Cardano Founder Charles Hoskinson Says Fears of Crypto Market Collapse Overblown, Sets Timeframe for Recovery

Cardano Founder Charles Hoskinson Says Fears of Crypto Market Collapse Overblown, Sets Timeframe for Recovery


Cardano (ADA) founder Charles Hoskinson says large corrections are routine parts of the crypto industry and that the hysteria surrounding the latest market crash is inflated.

In a new video update, Hoskinson says that seasoned investors seem unfazed by the most recent sharp market downturn as they have witnessed similar-sized corrections in the past, while newer investors are hitting the panic button.

“I’ve been in this space for almost a decade now, and I remember Bitcoin before it was a $1, and then going up to $30, then down to $4, then to $250, then to $80, then to $1,200, then down to $250 again, then up to $20,000, then down to $4,000, then to $64,000…

Trending: WATCH: President Trump Unveils New Book!

And no matter where I go and what I

Continue reading

You Might Like

 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend