CryptoSlice - What is happening in the market

Hello All,

There is no real reason for any concern; no significant vulnerability or flaw in crypto or the underlying system has recently been discovered. Take a step back and look at the bigger picture —  Cryptocurrency Market Cap Rose Over 1,600% in 2017. This kind of relative gain would take a decade on the stock market.

Corrections are healthy, and double-digit week-on-week gains are not sustainable in the long run.

So why is this happening?
During the recent bull-run many individuals purchased cryptocurrency with funds they borrowed or need to sustain their standard of living. Speculating with critical or borrowed funds is not a wise investment decision. Repayments need to be made and rent needs to be paid — these holders will sell, even at a loss, in order to be able to meet their financial commitments.

For those who invested with only what they were prepared to lose — there is no need to panic sell.

Remember that for every trade there is a counterparty — for every sale