CoinMakretCap had excluded Korean crypto exchanges from their price calculations since their prices were unusually higher than any other exchanges. This is what caused the charts price to drop on CoinMarketCap. Many people didn’t understand what was happening and this caused a panic sell to cut loses.
The market is NOT crashing, there is nothing to worry about and if anything now would be the time to buy more at low prices before everyone realized whats happening.
Nice Post Fri...
Thanks
I wasn't able to find something to buy last night and had loaded up earlier this morning even before seeing this post :)
might of been a good thing you didn't buy anything, until morning haha
They should have put a banner last night about the move, total amateurism from them, single move like that and 100M of marketcap were withdraw..
I don't mind it though, it just gives us a chance to buy more at a discounted price. I'm sure the market will go back to normal soon. ADA was down 10% and I just picked up more and its now back up 10%
Sure it gave a nice opportunity at the end to buy low, it was like christmas 2.0 that anyone with some experiences loved, but still a strange move frm them
Great post! 👍
Thanks!
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