We have read a lot of stories about millions of new registrations on stock exchanges, people are moving to cryptocurrences
the keyword in that statement (which you overlooked) was newcomers aka newbies. and these people are currently losing money, panic selling and getting the hell out...Quote
and its January and almost the entire market is red.
that's what happens when you pump altcoins, they get dumped eventually and things become red!Quote
I understood some immersion, but it should encourage people to start shopping because the price was much higher than today, but not. Day after day we see the red color. Fall is maybe faster and faster.
terrible thing to do when there is a massive scale dumping is going on! you will 100% lose money and you have to become a bag holder and wait a long time with your fingers crossed to make what you lost back.Quote
So I ask where all the new people and money are?!
they are either newbies who got stuck in big altcoins like XRP and ETH and lots of others and are not losing money. some already panic sold and saved on further loss but others will hold on and panic sell when their losses became bigger.or they are good traders which means they are either staying away from the market at the moment or moved to the coins that are getting pumped at the moment:
