Hello traders,
I saw a BTC dump coming and cashed out most of my BTC to EUR, so the money i put into exchanges is break even.
But I never expected that nearly every altcoin is dumpig hard right now. How come? I really don`t get it!?
Are the traders panicing? ...but because of what? I don't see any bad news beside the monero trolling action, but that shouldn't knock out the whole altcoins.
So does anyone know what is happening right now? ...i have a lot of altcoins like, strat, str, eth, xrp, xmr, ardr. lost 2k already just today.
Why is everyone selling?
People are taking profits, normal correction before another round of uptrend. BTC just started its climbing up and most of alts will go up like crazy this summer. Some people are in panic but you shouldn't be. Crypto gets a lot of media coverage and attention. New money will flow in easily. Don't panic, make profits!