Post
Topic
Board Economics
Re: The money started coming back to the cryptocurrency market
by
Tamilson
on 11/07/2018, 15:21:58 UTC
The total cryptocurrency market was $238 Billion a few hours ago and yet the market is almost $260 Billion.
What a coincidence? last time it was around $260 billion and now? $273 billion and that escalated quickly.

Shame on those people who are happy to see the crypto market goes down and losing its faith. This is not something that we should ignore.

True and the market did turn green today so I think it increases everyday, its just that the amount of increase everyday are totally different from yesterday. Don’t lose your faith just because the market was bad for a few months.
That's quick that the market is on red again.

I guess I know the drill now, if the market turns green and there's 1%-5%+ increase expect and see to it that it will be followed by many sells on exchanges.

But long holders still rules.

Indeed a good observation. Once the market turn green, many are selling and that contributes to the market to turn red again. And we can't control it as many new traders come in the market last quarter of the year and now selling at loss. They don't have any idea how volatile the market is. So for us, let's just hold more to lessen the dump and wait for the price to mature more.