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.
Even today, the market crashed again deeper than a few days ago. The decline in Bitcoin prices was quite significant, yes, even more than -6% in the last 7 days. and this Bitcoin crash caused altcoins to also trail quite significantly.If this down continues, investors are likely to lose their capital. Now some tokens are worth 4:1 since my investment time.
https://coinmarketcap.com/
The altcoins graph also dived sharply downwards, as happened with Ethereum, BNB, XRP, SOL, and many other altcoins which even experienced a decline of more than -11%.
Maybe this is just a market correction due to failure to reach the next resistance, but this certainly makes many parties quite panicked, especially beginners in this field. It's just that on the other hand, this is a blessing for holders who always want to buy cryptos at lower prices because this is a very good opportunity to increase their accumulated assets. So, whose side are we on? Whatever it is, never panic when market conditions are as bad as they are. Stay calm and wise to decide anything.