Altcoins Crashed Recently

Assalamu Alaikum friends,
Crypto market is very volatile. It is difficult to say when what will happen. The crypto market has seen a big dump for the last 2 days. Although the market is currently trying to stabilize a bit. However, the amount of volatility that has been there in the last 48 hours has liquidated most of the long traders.

This includes many big names, whose assets were liquidated in an instant just because of using high leverage. The exact reason for this kind of market dump has not been found. However, it is believed that this kind of manipulation is often seen before the market goes bullish. So according to the theory, this might be the manipulation.

Those who have been able to protect themselves from being liquidated by this manipulation will be able to exit this market with a fairly good amount of profit. However, those who panic sold in the market will suffer a lot of losses and regret it at some point. Therefore, panic selling should always be avoided.

Due to this panic selling, the market goes from deep to deeper and crypto assets end up in the hands of whales at low prices, which later helps them a lot in manipulating the market.

However, a massive pullback in the market is likely to happen soon, which will be beneficial for crypto holders and traders. Now is the best time to buy.