Post
Topic
Board Speculation (Altcoins)
Re: What happened to the crypto market now?
by
Abiky
on 30/07/2023, 16:15:33 UTC
Bearish, correction, manipulation all of that is very normal in crypto. In investment it pretty normal and we can't expect to see green candle every single day. If you scared with market correction i suggest you just DCA your fav coin.

Inexperienced crypto traders and/or investors are the ones who usually panic when they see wild fluctuations in crypto market prices. Especially when everything is going down the drain at a very fast pace. This is perfectly normal, since the crypto market is small compared to other markets. A lot of liquidity is needed to help stabilize the crypto market.

For those who truly understand how crypto works, a huge dip in price means a huge opportunity to buy coins at a discount. Based on previous market behavior, prices bounce back to their original levels (even higher) after an extended "bearish" season. Just stick to the rule of buying low and selling high and there should be nothing to worry about. Who knows how far will the crypto market go? Just my opinion Smiley