The large-scale wash trading in the cryptocurrency market has indeed had a serious impact on many people's mindset!
Recently, those short sellers have been making a killing, but to be honest, being able to decisively short-sell in a market that's declining across the board is really not something just anyone can do.
Those veteran investors have also been mostly wiped out by the market; the direction of the crypto market can change in an instant. It seems that, at this point, prices have already hit rock bottom.
So, if you don't take the opportunity to buy low now, waiting to chase after it rebounds to new highs would truly be too late!
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