RE: Every cryptocurrency is Falling- Reason for it ?

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Every cryptocurrency is Falling- Reason for it ?

in cryptocurrency •  8 years ago 

the bulls/whales are on vacation. now the market is own its on - as there are a lot of new people in crypto that only wants "quick" money -within days - they get nervous due to the missing buy pressure of the bulls/whales - they sell off and trigger a reaction..

patience. come back in september - until then everything should be back to normal again.

just my 2 cents

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Completely agree. This happens in the stock markets too - exactly. Want to make an easy 10% a year on your money, buy the S&P every year in August, sell in March.