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RE: Thoughts on Crypto Market Crash | Have I Sold My IOTA? | Vlog #107
A lot of the newcomers got kicked in the teeth really hard this week, but it's a good, hard lesson for many people, especially the margin gamblers, whom I think are responsible for the big chunck of these extreme movements (forced liquidations, etc...)!
In November, early December 2017 newcomers got in the loop as the price rocketed. The bigger issue I noticed (at least from my personal friend group), is people who literally know nothing started throwing money in. Buying the Trons, XRP's, etc. of the world because Twitter told them too. When I wake up to text messages these past few days that read something along the lines of, "Whats up with these coins bro".. it makes me LOLZ more than anything.