Crypto Market Downfall: What's Happening?
The crypto market experienced a significant downturn yesterday, a typical pattern where markets rise and fall. Such phases often see certain coins like $HIGH maintaining strength. Some attribute these moves to market manipulation, often driven by whales and short sellers pushing the market down, triggering stop-loss orders.
The worst comes from novice investors who panic sell. As a veteran in the crypto market since 2017, with over 30 years of experience in various stock markets, I’ve seen it all. Losses are only on paper, and with enough capital, it’s wise to buy more.
Yesterday, every coin plummeted simultaneously, creating a massive red line. This sudden drop isn’t uncommon in the volatile world of crypto. It’s crucial to embrace the volatility and recognize opportunities to buy during dips.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing.
