8 Reasons For The Current Crypto "Crash / Correction" Bood Bath

Even tho most people have been hemorrhaging cash during this past correction wile most noobies are panic selling, seasoned crypto investors are buying more crypto on the dip during the worst blood bath I’ve ever seen in the past year.

Here are some tips and reasons for this sell off happening.

Tip: #1 don’t panic sell.

Personally, my unprofessional opinion is that it is a combination of many things:

1. The normal yearly drop at this time, for whatever reason. Happens on the stock market too around Xmas every year.
   2). The drama queen Korean government wreaking havoc in the media, threatening to shut exchanges. This causes a loss of confidence, possibly among some institutional investors too.
2. the amateur investors, who upon seeing the seasonal dip, and hearing the k-news have been panic-selling for about a week now.
3. the 3 billion market cap of BitConnect tanking after closing.
4. people selling profits for tax purposes.
5. China banning BTC mining.
6. it is also Chinese New Year so they are cashing out crypto to stuff those red envelops with cash.
7. wallstreet shorting Futures

And every time it drops a chunk, another wave of newbie investors who mortgaged their house at the all time highs to buy in starts to vomit, break down, and just sells to stop the torture.

Tips for those who have been on the fence wanting a “good time to enter the market” this is it.

We will be back at new ATHs soon, Wall Street just wanted cheaper entry point positions.

So breathe, relax and survive the war

be safe our there ...

IF this overview helped calm your anxiety, leave a comment, upvote & subscribe, thanks for reading :)