At this time, BTC is valued at around $4,492 with a 1.80% drop and altcoins are also in the red, but McAfee tells that after a bear market ‘glorious spring’ always follows
The founder of McAfee Associates and a crypto bull encourages calm.
I'm not alone in advising calm. Nearly every major player in Crypto is telling everyone to relax. The forces pushing prices down are temporary and will soon burn out. In the meantime have a drink, woo your spouse or just take a walk in the sun.https://t.co/pYKp6NDsDv— John McAfee (@officialmcafee) November 20, 2018
For McAfee, long-term investing, even though a hard road to take is the way to advance.
Blockchain and Cryptocurrency Soldiers On
Undeterred by the market movement, companies are continuously finding use cases for blockchain: South Korea is looking into blockchain for tracking meat supply, Independent Reserve launches an accelerator program, and Chainlink affiliates with Cornell researchers for a blockchain oracle system.
On the side of cryptocurrencies: XRP has surpassed ETH as the second largest cryptocurrency based on market capitalization.