This most recent cryptocurrency flash crash appears to be related to some concern associated Binance having several trading bots phishing accounts. Along side that there was several line items of FUD that went along with that associated with Bitcoin price action.
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honestly this just shows the amount of shaky hands that are in the market. Im 18 and bought my first coin (LTC) back and august and ive seen a lot just in this short amount of time. But never have i once sold because i was "scared." Discipline is one of the BIGGEST things you need in this market and this just shows that many people lack that
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well said
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There is also a report about SEC requiring exchanges to be registered here in the US: https://www.sec.gov/news/public-statement/enforcement-tm-statement-potentially-unlawful-online-platforms-trading
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Don’t quite understand how me take 1 step forward then 2 steps back all the time right now. Highly volatile market.
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