Looking at the markets both crypto and traditional its clear that all the whales and pushers of the industry did a cash out. But here is the big ideal many forget is that these same players are doing this to create hysteria and imbalance in the markets that will in turn trigger fear of loss pulling many of the smaller uneducated investors out of the pool and dropping the price so that they can continue to buy low and sell high for profit. With that in mind we should all be thinking like these sharks and look at the coins still standing strong and growing and do the same. This dip has allowed many to take advantage if the current rate of smartcash being around .34 cent at last check to cash in and add additional nodes to the already massive network. This is smart investing you buy at the dip and ride the correction up just like on a roller coaster. I know where I am investing and its not out of fear the Smartcash network has and will continue to stand strong and push out on top as one of the most stable cryptos on the market. Make sure to check them out!
I think that after the SEC and CFTC hearing, the wall street investors are ready to step back in. This movement upwards is going to be swift and fierce and the weak hands are gonna be left behind.
Since the bank enter cryptocurrency and buy BTC... then they dump it recently along with the wake of FUD to confuse people and stay away from it. However, seems like those bank and dumpers drink there own medicine. However, some new investor panic sell there holdings. Now the market is green again... FOMO virus will spread like a wildfire. So prepare to sell half of your holdings and wait for another market correction.
Totally agree....I really believe the correction is not completely over yet and we'll see another dip pretty soon!!