Post
Topic
Board Altcoin Discussion
Re: Crypto is weird
by
cryptogeek101
on 04/08/2018, 00:29:28 UTC
When you look at the prices of cryptocurrencies you can see people have bought at really high prices. If you have bought $1000 worth of DeepOnion for example at the price of $19 then you would be left with $86.42 worth of DeepOnion right now. But even at these low prices right now you can still see lots of dumping going on. Logic would tell you to buy as much as you can at these low prices and hold for the next bullrun but the opposite is happening. There are some ups these days but it get's dumped very quickly. I believe we haven't seen the bottom yet.

It's not really true that crypto is weird but what we needed is some element of caution in our dealings with some crypto projects so that we wil not fall into wrong hands, however I believe the market situation would improve very soon. Thanks