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RE: Cryptocurrencies crash!? Don't worries. Let me tell you what will happen next.
Followed. Good points on price drops...it allows for new money to enter, and people want to take some profits off the table. I don't plan on converting to fiat anytime soon. I think the crypto market cap has a long way to go. India, Australia, & Japan are all making big advances in introducing cryptos to the people. It's gonna be an interesting ride.
It's a matter of time before it is made legal tender. Bitcoin is and will continue to be a reserve currency. Once the rest of the world gets involved, sky is the limit.
The day it gets legal status, it will crash all the previous price records.