Can someone explain why every coin is dropping that much in the last hours? I cant find any reason except "correction", but a price correction for every coin and that high?
Investors are taking out profit and newbie investors are selling coins under their buy price for loss because of panic.
If you have bought coins before than hold it and don't sell it for loss, if you want to get into crypto than wait for next few days and buy them when it will start to pump again.
Every pump will end with correction, the run up was quite big last time so the current correction is also big.
Yes, people seem to forget that bitcoins price was a four-digits one until less than a month ago. Going down so fast after going up so fast is somewhat normal, you know, the harder the rise the fall but we are on a forum which was flooded until recently of posts on how fast bitcoin was going to reach $1000000000000000 so, when something normal like that happens, those people start panicking.