When Is This Bloodbath Going To End?

in #cryptocurrency4 years ago

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I woke up today to see that the crypto market has lost almost 20 billion dollars overnight. But then I thought it is crypto and these things are normal. I was expecting a little bounce back towards the end of the day.

I was outside and as I came in, the market was around $206 billion. Within a few minutes, the market lost more than $20 billion and it is now only $184 billion.
I have been in crypto for more than three years now but I have never seen the market crash this quick. It is a sign of worry for me and I am sure there are many others like me.

I searched the internet to find the reason for the crash but all they said was it is because of the Covid-19. I am not sure if this is the only reason or there is more to it.
Do let me know if you have any news and also let me know if you are selling or hodling.

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Since I didn't need the money at the moment I will choose to hold and buy more when floor is meet.

If you are here for long term then it is a good strategy.

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