Post
Topic
Board Trading Discussion
Re: What happened to the crypto market?
by
livingfree
on 12/06/2024, 13:59:13 UTC
The market is only going down for the last few days. What is the reason for this ? Does the cryptomarket go down for no reason ?
Whatever the reason behind the decline in market prices, it is something normal to happen. Up then down.
Yes, and we're up by now.

If this down continues, investors are likely to lose their capital.
The long term doesn't matter for Bitcoin investors. As for altcoin investors, it's beyond my power to say what they should do.
You're right that Bitcoin investors won't really be worried at all as most of us are long term holders. Whilst for most of the altcoin holders that don't have Bitcoin, they're the ones that are mostly worried.

IMHO, this has something to do with US inflation rate that has been released by FED.