Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Altcoin Discussion
Re: When will the dumping end?
by
Silberman
on 14/09/2018, 18:41:30 UTC
Quote from: spartaka on September 10, 2018, 03:38:34 PM
Quote from: larsbalzak on September 10, 2018, 02:01:39 PM
I thought it was a good deal to buy Cardano at $0.098 price, turns out I'm in a 25% loss right now. At some point the shorters should stop shorting and the weak hands should be gone right? It looks like the massive sell offs will continue for a while.  Embarrassed

the shorters seem to expect aother rejection or at least delay from the SEC regarding the next ETF. Also more and more people seem to start to move out from crypto and just cut losses...not the big investors maybe but many people like you and me
The chances that an ETF is going to be passed in the next months is very low, maybe in a few years we are going to see one to be passed but for now people should recognize that is going to be impossible and need to take the right actions with their money to avoid losing money when the decision is finally made public, so I think those that are shorting the market are doing the right thing for themselves.