Great video @Boxmining. I feel sorry for those who only got in to cryptocurrencies before the dip, as their ROI is likely to be negative at the moment if they cash out. That being said, I have seen many market dips before and with the current retracement, if I was in that position I would hold my coins until the markets surpass their previous highs again (which I believe they will greatly, but that's just my opinion).
You're completely right though, any time a country heavily vested in cryptocurrencies even mentions an exchange ban, prices start to plummet. This news from South Korea, coupled with the news from China, Bitconnect's closure (which was only a matter of time) and more news likely exaggerated the consolodation period that was need after the huge growth that was seen in December/early January.
Thanks for keeping us updated!
Im pretty happy with the bitconnect closure, i feel bad for the people that lost alot of money on it though xD We are in a very emotionally driven market, people get scared easily. Great comment though, liked it to move it up there so @boxmining will see it easier :D
I agree, it's good that it's gone, but it's sad for people who lost money! That's true. Thank you very much and hopefully!
You will only lose money if you sell xD in these times people just need to forget about there crypto and just hodl go outside a little do something fun haha.
Completely agree! Although I work full time in cryptos so can never get away for too long!
Well hell yeah i will check out your channel and give you a follow, if you live breath and sleep cryptos i am sure i will like your content anyways im off to bed brotha. Have a good one !
Thank you very much! I hope you do, any feedback on my posts is always appreciated. Enjoy!