You are viewing a single comment's thread from:

RE: While the Crypto Market is FALLING DOWN .. I'm CELEBRATING

in #bitcoin7 years ago

This crash has led to many newcomers exiting the market, I would say, I was expecting this to happen sooner or later. Even the dead projects were experiencing massive gains. Gains of almost 10x and even the whitepaper projects reached billion dollar evaluation without anything on the table. This type of fearlessness is often harmful for the market.

Sort:  

Exactly @sagarthukral ! I totally agree with you! there were a lot of hype in the crypto market and like you said there were some dead projects that gotten a massive gain! People invested their money without even thinking and that's what I mentioned in my post!
So I think that this crash is healthy for the market.