The cryptocurrency market has been going through a panic for several days now.
There are many wise knowledgeable members who are always advising to be careful with cryptocurrencies. Yesterday the admin of the forum issued a red alert
Here, asking those who have cryptocurrencies in online wallets to transfer them to personal decentralized wallets as soon as possible.
All these members are giving all these warnings on cryptocurrencies without understanding some signals in advance. So what do we understand the general public?
Is the cryptocurrency market headed for destruction or can we expect something bigger to come?
"Headed for destruction " I don't know what that mean but if you're referring to Bitcoin going into extinction based on the recent market moves then maybe you just haven't yet gotten the concept of the word "volatility".
As long as volatility exist within the cryptocurrency market we should always expect the unexpected, be hopeful for nothing but tread with carefulness as you invest in the market as no one can really give a clear picture of what the market might hold in the next minutes or so.