Re: BIG price correction on Bitcoin and Ethereum, what happened?
BTC is probably down due to the Bitmain debacle about hardforking on Aug 1 2017
https://blog.bitmain.com/en/uahf-contingency-plan-uasf-bip148/
ETH is probably down due to the whalepanda post
https://medium.com/@WhalePanda/i-was-wrong-about-ethereum-804c9a906d36
Pretty much everything else is probably being dragged down by the turmoil regarding BTC and ETH.
No worries, it'll recover in time.
https://blog.bitmain.com/en/uahf-contingency-plan-uasf-bip148/
ETH is probably down due to the whalepanda post
https://medium.com/@WhalePanda/i-was-wrong-about-ethereum-804c9a906d36
Pretty much everything else is probably being dragged down by the turmoil regarding BTC and ETH.
No worries, it'll recover in time.
I dont think either of those things are anything but coincidence and a correlation cannot be drawn. far worse news has hit both coins, and the price not moved.
The comments previously about natural corrections when something has been booming upwards for a long period, and also the global stock market movement are much more likely.
point being, it is normal.
welcome to the emotions of trading.