In recent days, the cryptocurrency market has plummeted. Since the beginning of May, the price of Bitcoin has fallen by 25%, while the price of Ethereum has fallen by 30%. Many cryptocurrencies have fared significantly worse – Terra Luna is down 99.9% after its TerraUSD stable coin lost its dollar peg.

While many crypto investors are experiencing short-term discomfort, now is an excellent time to purchase the crypto plunge. The cryptocurrency market has seen previous collapses, and each time it has recovered stronger. After crashing in the spring of 2021, Bitcoin stormed back later that year, more than doubling in value from its low point.