For those that are wondering why prices are still going down please see the below link and read below.
News (propaganda) whether it is true or not is created to get emotional reactions from the people watching it.
When news comes out that there is a government shutdown in the US, stock markets pause and drop but when news comes out saying that a deal is reached there is a big pop in the stock market. Do you think that is you or I buying and selling our shares, no, it is institutional investors playing with digits on a computer screen with money that isnt even there.
Well, the same goes on in the Cryptocurrency Markets. News comes out that exchanges get banned, taxes being levied or JP Morgan doesn't think BTC is real. The "markets" react and prices correct. The one thing you need to keep in mind are that the Crypto "Markets" are exchanges no different than what we see in the stock market, run and driven by Whales and Algorithms.
What you need to do is sit back, chill out, buy the dip and wait for the next leg up. We that believe in the new economy being formed know and understand the big play and laugh at the legacy markets trying to play the same games.
HODL ON!
crypto exchanges and stock exchanges are completely different animals.
They sure are but exchanges are exchanges because you dont own or control your assets. Decentralized exchanges will be the future.
Sure you do, if I went out and bought 100 shares of apple, I own them and I control what I do with them.