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?
if you cashed out to buy back it's a good decision otherwise you made a wrong move, everything is RED yes but it's still more up than what was before, if a coin go 10x but then a dump of 1/3 occure, it still in GREEN side, and this is nothing new, it's called price consolidation, the value increased fast and the buyers need to buy more at these new level