Crypto is down; is it out?

In context, over 800 stocks just hit 52-week lows, so this is global, not just crypto.

The following stocks created new 52-week lows on Wednesday:

[source: Benzinga]

As you can see, if you skipped to the end, not just a boatload but an ocean full of stocks bottomed out for a variety of reasons. There may be panic, there may be blood in the water, but isn’t that always a good time to buy?

Do your research: a cheap stock or crypto that doesn’t do anything is still a waste of money. Only invest in something with a solid use case and good fundamentals, or find a crypto fund manager who can do it for you.