Someone ask me, why is the crypto price continue to dip?
My answer is simple, most crypto enthusiasts are low income earners.
I don't believe on this, you missed the average - high income earners. Check those speculators on how much they have been earning outside crypto's.My answer is simple, most crypto enthusiasts are low income earners.
So, crypto will continue to dip at least till after New Year celebration.
So, don't panic, the price will continue to dip...
My opinion though.
It's very possible that we are going to see this dip until February or so. Just be ready on what's waiting ahead of us and don't be a panic seller if you bought bitcoin or an altcoin during high prices.So, don't panic, the price will continue to dip...
My opinion though.
From my understanding about income earners, high income earners with alot of investments would not dump their high earned investments over some little news which has no base
So definitely we can't find out eventually who dumps
Im not worried about the bearish position, im the type that sells all at once to buy back the dip, so no worries
but would regulation really help out ??
After taking profits, they are reinvesting it to something better or just wait for another dip to start buying again. Regulation won't help to make the price better but adoption would. This is what we really need but in connection, society needs approval from the government (regulation) to start adopting something new like crypto's.
it seems hand in hand that way, but what would be the easiest way out of it ?
because sec whatsoever has no intentions of doing anything meaningful at the moment
i feel the dump is an intentional stuff, coupled with coincidental negative factors, all made it work fasters
Scammers made it easy, end of the year overrated expectation made it easiest and faster to dip
