![](https://steemitimages.com/DQmVyFzR5zb5cDtcPb8uXdhn4cCPBx1kk3Gs9fxE4T7Y4ce/image.png)

I'm minding my own business, getting work done for a client, setting up a new workstation when all of the sudden, something's pulling at me...."Luke, go check Coin Market Cap.  There, you will find the answers"

Ok, ok, sorry to shred a great Star Wars scene, but you get my point.  Article after article about Bitfinex and Tether being audited and Bitcoin prices about to crash 80%.  I really started feeling that panicky feeling in the pit of my stomach?  Should I cash everything out of cryptocurrencies right now!?  As in, ASAP, make no buns about it?

![](https://steemitimages.com/DQmUszcKWAuBibmUGWF8U5doqQiMohPeEKLXDiaGThaCA3W/image.png)

Yup!  Time to move and move NOW!

But then, the voice of reason quietly whispers to me...wait!  Keep looking.  Analyze for a bit.  Get rational!

So I step away from the computer and contemplate a bit on what I just read.  I took another look at the various headlines and articles and started asking myself, "is this real news?  or is it FUD?  If it's FUD, how can I tell?"

Well, at the end of the day, most real news is a simple reporting of facts while most FUD pieces are pure speculation and often cite news to prove their points rather than siting facts and figures to back up their statements.  So I go back and look through the smattering of posts I just read and sure enough, it's all feeling, well, a mite bit too well-orchestrated, almost deliberately timed to induce an ever increasing sense of panic.

Once I started thinking along these lines, I started quelling my own fears and started thinking in terms of what this means from point of view of improving my positions in the market?  For one, if ALT coins take a significant more sizable punch, then I'll short a few positions by selling back to Bitcoin and wait and buy in when the dipping stops and reverses.  If Bitcoin drops even more, I'll try to scrounge up more cash to buy more.  But there's not enough panic here to convince me I should be vacating cryptos altogether.

For one, too many people are invested in cryptos at this point.  Sure 90% may be pure scam, or rathe, simply will fail as do 7 in 10 new normal startup businesses do every year.  The best will survive.  Which coins those might be, is anyone's game, but enough will survive to keep crypto currencies moving forward.

For my part, I will continue to focus on looking for buy opportunities for solid coins with solid teams behind them that were hit unnecessarily hard by this turn of events.