Another possibility is China miners dumping a little to cash out, just in case government really totally block any crypto related payments in banking system. However Chinese miners can easily transfer and withdraw elsewhere in the world. Maybe due to covid 19 travel restriction, thus taking extra precautions.
Even though this correction hurts, but after I browse like tens of small to middle cap, it seem like their market cap make more sense now.
Even when I looked at VET which I previously don't think worth 10+b, at current valuation, it seems okay to me. Not too overly rated. Even uniswap as well.
Damn, my Sushi until now also haven't released. Stupid binance. Tot want to sell but already crash and back.
From the looks of it, if you don't average down, you'll hit hard.
I started the night with 8xx in spot wallet and 5xx in stake. Now I'm 9xx in spot, 4xx in stake. Macam no difference even though price is down by a lot.
It's alright bro, everyone learn from mistake, stay strong and always believe in yourself
Yup... that's why I'm starting small and learning. Panicked a little bit but since I played forex for short 3 months (and losing $300 in the process), I think crypto is still manageable. I think luckily always got good advice here and there while I was researching which coin to buy. They always say try to 50-50 between crypto and cash. Luckily I kept that in mind and only had 30% in crypto. Always set SL for those trade I'm not very comfortable with.