Cause of Market Liquidation and What Traders Could Do.

It has been recorded that the ongoing bearish price action in the crypto market since Friday recently has been from the fact that investors focused on the payout of nearly $9 billion to users of collapsed bitcoin exchange Mt. Gox. and the German government sending 1,300 BTC to Coinbase, Bitstamp, and Kraken, but this is not the first time we will see such major movements and decisions affecting the crypto market generally.

In the past, we have seen how the collapse of key projects and exchanges, have caused traders liquidate their positions and many sell outs, such as the Celsius Network and Voyager Digital, FTC Bankruptcy and the likes. During these periods, it is easy to see the market bleed and a lot of sales due to panic, but what could we do better?

But since we are no longer new to this, it simply shows we can make a better use of these times and see it as an opportunity to accumulate, take a better position pending the time the market will recover which won't take long. You could now accumulate at a lower price, do some futures trade, and even learn to do some copy trading to be in a better position ahead of the bullish market.