I just came back from work now and find out that all the altcoins are in red except few one. I did not know what is really happening and I think traders are dumping for some reason. Is there any fundamental reason why altcoins is getting dump again?
It is simply because investors are fed up with alts being stable or always falling. they abandoned the market and sold it off.
the market dropped more than $ 12 billion in just one night and that shows the psychology of the crowd is very bad.
But we still need to keep calm and choose the good alts to buy and hold it.
The problem with investors who didn't focus are always easily being moved they loses money when the market falls a lot, there's different attitude
with different perspectives of those traders who's investing around, it's your money that you need to take care so better to pick the right one while
it still dipping and you have a good chance to bag holds those coins that you fully supported.