Post
Topic
Board Trading Discussion
Re: What happened to the crypto market?
by
goaldigger
on 12/06/2024, 21:28:54 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 ?
If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.
You probably bought during the peak without realizing that the market is very unstable on top. Since the price didn’t break the wall and not able to sustain its momentum, the normal scenario will be this, its a price drop and if there’s no big support it can continue dropping. We have to be more careful in buying crypto, and we should know how to timing it or else your investment will be like this and you might be trap on top as well, also always have your target price and cut loss price level.