Bitcoin and Crypto Talk (Merged)(includes NFT)
I saw a chart showing this has happened every single January for the last few years. Possibly tied to Chinese lunar new year. Always recovers however.
I'll just say it once but buy yourself some VeChain (VEN) and hold it long-term. They are working on solving counterfeiting problems + more in China using IOT (rfid chips etc which will verify authenticity of things) technology and have some HUGE partnerships... top 4 accounting firm in world, top tabacco company, government partnerships, the list goes on and on and is growing fast. It's performed well during this dip too. Also have a major exchange in the works where VEN will be used to purchased verified/authentic goods, as well as rumors about a People's Bank of China deal.
Jim Breyer, a major venture capatalist who invested early in Facebook + Ethereum, invested in it, pretty much his only holding besides Ethereum. His wife is Chinese, has tons of high-level government, shipping, banking ties. They are becoming the major (if not the official) blockchain solution in China.
Oh one more thing, the CEO is Sunny Lu, former CIO of Louis Vutton. They know a thing or two about counterfeiting problems.
Do the research yourself but holy **** does this look promising.
Good reading:
https://medium.com/@vechainofficial