Hey everyone! I don't know why I haven't come here to ask this sooner but does anyone know what has caused this huge dip in the market at the moment? I have investments in DeepOnion and THEKEY, and both have dropped nearly 35%.
I had read something about an exchange having to "dump or hand out" loads of BTC, but wasn't sure if it was related to any of the altcoins?
Thanks.
When bitcoin is doing bad, alts are doing even worse - this is how it's been before and is happening now. Simply have the guts to hold if you have lost your money and hope prices will fix in future, which they should at least for some coins.
Yes this is the general rule for crypto. One day it might chage, but for now, it seems that for better or worse all ALTS follow the lead of BTC. This might change here in next few years as more and more alts start accepting fiat money to purchase