When you watched the crypto-market and took some positions it may surprised you today with a hard beat (or your wife with cold water). Well - how should I explain it right.

Panic In The Air

Don`t be scared from that movements as that happened multiple times!

There are of course people who ran in the typical sell-off and take large cuts because they have no strategie at all. But the main price driver are still in my opinion the miners. Here is why....

The next clever one what know it.... no.

There is a simple explain why the price crashed multiple times even media always know it better and scandaled some bullshit. The main driver in that niche crypto-market are still the large mining operation, the guys who invested multi-millions in large mining operations mostly in Asia or in Northern regions because of cheap electricity (0.02USD / KW incl. hosting).

So what have now the miners to do with it?

It is relative simple.... they want to squeeze out as much of the cake as everyone. For that there is simple one thing what will destroy their business concept incl. investments and have to be prevented:

"That price grow up at that level people shut on their miners again & difficulty raise."

Just stay chilled, have a long term strategie & you are part of the next party!

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