Post
Topic
Board Altcoin Discussion
Re: This dump will scare a lot of people away from Crypto!
by
styca
on 13/05/2018, 11:18:29 UTC
The media were singing the praises of BTC, Cardano, Stellar, Ripple, etc and NOW LOOK.
In my opinion this will scare any newcomers and existing participants of this market space!
A lot of damage has been done!
Just about every chart analyst didn’t see this!

The fall over the last few days is quite small really. It's nothing next to the drop we saw earlier in the year. There is no reason to panic at all, prices can't go up all the time - if they do, then we get the sort of chaos we saw in Jan/Feb. Personally I am quite happy with a small price drop, it helps to establish a base point for future rises.