I think some traders on places like Binance and Bitfinex are having fun shorting everything, and they're making nice profits because useful idiots help them by panic selling.
People need to hold their nerve. As you say, crypto is only at the start of it's journey.
There is no doubt market swings like we have is of benefit to traders. Of course, we also have to keep in mind that traders are not the rule. Very few can profitably operate in that realm.
For that reason, I think it best to just look long term and keep building the project I believe in. Others might feel differently but that is my plan.
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