Post
Topic
Board Speculation (Altcoins)
Re: What happened?
by
krypt0n1
on 13/09/2017, 17:07:26 UTC
I'm looking to understand why the blood spilled again. Blue has reappeared in yesterday, but could not believe BTC continues dump with Altcoin today. Panic comes back, I don't know the price of BTC will be like at the end of this month. I'm very worried.



Yesterday the blood was catalyzed by Charlie Lee's tweet, amidst a sea of mounting speculation and fear. The markets are pricing in the potential news from China and a lot of people are cashing out. Even if China does "ban bitcoin" or just the exchanges, the price won't fall forever. The rest of the world will continue to use cryptocurrencies and they will increase in popularity....and China will be missing out on a huge market (which i don't find likely). Anyway, don't be worried. These corrections happen. Try to not panic sell and try not checking the charts too often. If you are too worried, maybe you have overinvested and reconsider your investment strategy.