You are viewing a single comment's thread from:

RE: Crypto Market Crashing Hard | Reasons with My Opinion

in #bitcoin7 years ago

You r right, but I think you forgot this: Huge Lunar New Year sales correction in the market, this Luna New Year is the Christmas of the Asian and Korean people. They sell a lot of cryptos for the presents, gifts and their travelling: More info can be found here: https://www.forbes.com/sites/ywang/2017/01/26/worlds-largest-human-migration-begins-chinese-new-year-2017/#3a6d5502999a

HODL and after HODL @tothestars

Sort:  

@tothestars Thank you for bringing this up. I completely agree with you for skipping this... :)

The market is so thin currently that even a minor medium-size fund exit can considerably impact overall crypto markets balance in short-term. Usual event in the cryptoworld if you have been following it since 2010. .E.G. market corrections of 2013!

Coin Marketplace

STEEM 0.16
TRX 0.13
JST 0.027
BTC 57483.44
ETH 2574.21
USDT 1.00
SBD 2.48