The crypto sea of red continues!

in crypto •  7 years ago 

When you wake up to more sell off, yikes.

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Usually I’d be thinking, buy buy buy, but these repeated dips are making me think the whole market is still majorly over valued. I reckon more of a correction is due and the prices will probably go quite a bit lower.

The mainstream media hype has faded and I no longer hear random people at work talking about crypto. There’s no new money coming in, and FUD seems to be causing sell offs. Or perhaps institutional whales are manipulating the market to buy up cheap coin, and increase their dominance?

Either way, I shall be long term HODLing, but I won’t be buying any more positions until an apparent bottom can be found.

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I totally agree with you I don't think the market has found the bottom yet, In my videos, I say that I think the institutional investors are going to try to get the best price they can...

All we can do is hold! The weather will pass

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