I noticed the recent deep generally affected most of the ALT coin within 48 hrs turning Red. i bought EOS at $5.2 but i was panic to sell reason because most of my assets was greatly at loose and i couldn't bear the pain so i have to sell off most them to be able to secure them, not too long the market changes direction again and already i have lost most of my investment.
Do we expect another deep soon?
what is your intake, please be free to drop your comments.
Why immediately sell your altcoins if the price of them fell following the fall in the price of bitcoin? This situation should be taken as normal and no decisive steps should be taken. Price adjustments in this market occur regularly and should be taken as a routine matter.
This latest correction, according to news in the media, was allegedly due to the fact that traders saw the movement of large batches of bitcoins and decided that the whales were going to sell them, and therefore worked ahead of the curve. Because of this, the current price situation in the cryptocurrency market is uncertain. The price of bitcoin and other cryptocurrencies jumps up and down. I think that the situation will soon stabilize and the price growth will continue on the market.