Quote from: nikjain422 on January 30, 2018, 07:50:19 PM

Quote from: tonmoycrypto on January 24, 2018, 01:17:12 AM

All the fud and whales taking profit,slowing down progress in crypto.no wonder new money is not coming into market .perfect opportunity to short the market. I don't need new money to come in to profit, I'll just take a chunk of what's already there . In my opinion this is very healthy. Lots of weak hands exited crypto lately. Serious investors and hodlers remain.

Absolutely correct and people who are there right now does has complete knowledge of cryptoworld. Though this has created lots of panic in the market and will take lots of time to recover but still has created opportunity for new investors to create some money from this market.At the same time it is a reality check for those who blindly followed bitcoin.

This is what always happens in the market, within reason the price and direction is decided by a few whales, they can spread FUD and push prices lower or higher than they should be so as to fuel their own profits. It's not something you can change, but you can learn to recognise it and exploit it in your own way.