Altcoins Talks - Cryptocurrency Forum

Further Discussions => General Discussion => Topic started by: bpiskernik on February 07, 2018, 09:33:10 AM

Title: How will drop on financial exchanges affect crypto?
Post by: bpiskernik on February 07, 2018, 09:33:10 AM

Stocks took a strong hit in the last hours. Will people move to the already dipped crypto market, or will people already in crypto become even more nervous and panic sell (more)? I am interested in your opinion.

Title: Re: How will drop on financial exchanges affect crypto?
Post by: plpatel on February 07, 2018, 11:38:03 AM

Well from my point of view, many of the crypto traders already knew that market is at all time high and needed  some correction.
There are many traders who where expecting this fall and are ready to dive in, as market is almost more than 50 percent down from its peak high.