Post
Topic
Board Altcoin Discussion
Re: Is everyone "Cashing out"
by
Ni-in
on 24/12/2017, 10:58:38 UTC
Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??

This is an isolated case because people need money for their christmas and holiday season needs therefore we expect more of this until the new years eve in which we need paper money to buy, to give and to celebrate these occations. Next month for sure everything will be back to normal hoarding.

Yes, it's every year, usually a rise is commencing a few days before New Year, feels a bit like a new investment year starts.  And the presents are in so, fresh money.  The Christmas period usually sees a drop, was anticipating it with funds on USDT, but couldn't wait one more day, so now have to wait it out with my funds already in Altcoins.