Post
Topic
Board Altcoin Discussion
Re: God save Crypto
by
Shikamaru
on 16/08/2018, 03:08:12 UTC
How would you explain the current fall in price of cryptos.
There are no news of crypto banning or confiscation. So what is the reason for it?
Did we wanted more than we needed?
Is our greed killing crypto and blockchain technology in whole?

I think the main variable that influences is psychology. We are not ready for the next correction, which makes the market counter our desires. When the market is pumped we are still waiting, and when the market starts to turn around we panic faster, and that's what causes the bear market to continue.