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RE: Crypto Crash!! - Grab your balls cause it's gonna be a long one #441
There were multiple negative reports:
- Binance hacking issue via phishing/API
- SEC commentary
- Mt Gox liquidating BTC revelation
- Japanese exchange regulation
Yet the market didn't drop too much, I think it's an indication a lot of the money in the market is long-term holders who are becoming somewhat immune to negative price catalysts.
Thanks for great reply man,
I guess you are right about long term holders getting used to the pain. Sometimes we like it cause gives opportunity to play the ratio game