This sell-off looks to be in response to Twitter's announcement to ban ICO and token sales on its social media platform.
Whether this selloff is based on Twitter, Google Facewhat...news doesn’t matter. You have to be emotionally prepared for these kind of dips. I am not emotionally invested in my holdings whatsoever. While I find it extremely thrilling to watch the market and hear all the FOMO/FUD, every dollar I put into crypto is already written as a loss to me/ used as sport, otherwise you shouldn’t invest in crypto. If what you say about all these negative news is true, I’m super pumped to see what type of trends we’ll see at the end of the year (when they run out of bad news) with most shilled coins having their mainnet’s released/just about to release.