RE: Crypt0's News: Monday Wreckage For Stocks As Cryptos Rise Again

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Crypt0's News: Monday Wreckage For Stocks As Cryptos Rise Again

in crypto-news •  7 years ago  (edited)

What do you think is causing this recent downtrend?

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Cryptos were overvalued and a few people started to realize it. They started to sell and then the masses followed suit. No conspiracy. No single event.

Emotions and I was buying like crazy the last few days. People can look use technical analysis but they still must be able to recognize market sentiment because that is where the big money is made. Buy when everyone is fearful and sell when everyone is jubilant.