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RE: Daily: What the FUD China, Giveaways Part #1
Don't people release that the drop in price is mainly people who trade? If I read the news I know to sell at the current high and then wait until it reaches a low and buy again. The main reason for the drops is people trying to flip a profit rather than panic due to the news.
This was my thought too, many people came late to the cryptomania and there are many cryptoexperts that teach us when to buy and when to sell, so it think it is possible to manipulate the market like that. FUD is also a huge reason for the bear trend, but a lot of us want to make a profit from the trends. We are still in the early phase of the crypto world so this behaviour is just normal.
Btw, love @boxmining videos! Thanks for your work!
I agree with you @adamicelli