Bitcoin Falls 30%, Veterans Stay Calm As New Investors Panic
Bitcoin fell sharply in recent days, and veteran holders barely blinked while many newer investors showed clear signs of panic. Related Reading: Bitcoin Creator Somehow Becomes ‘Poor’ By Losing $41 Billion Without Saying A Word According to crypto commentator Anthony Pompliano, drops of 30% or more are part of Bitcoin’s history — they have happened 21 times over the last decade and tend to occur about once every one and a half years. Reports have disclosed that recent selling has pushed the token to lows around $82,000 during US trading. “So Bitcoiners are used to this,”....
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Cardano (ADA) has been experiencing struggling prices since it hit its all-time high above $3 back at the start of September. Since then, it has been on a downward trend and had fallen below $2 for the first time as October drew to a close. Despite some important announcements and strides on the part of the project, the token has not seen much recovery, leading to panic among its holders. In light of this, founder Charles Hoskinson once again took to YouTube to address those whom he thinks are too overly concerned about price rather than the technology. This will not be the first time that....
Whats that thing about history? Its hard to remember with so many bit-rivals talking about why your coins are worth dirt right now. Alot of you reading are in the red big time, and others only the few dollars they scraped together in a wallet or exchange. Don't panic, stay calm, and buy if you can. Why Bitcoin won't bottom out. It was 2014, the year of the Bitcoins, but not because it hit over a thousand dollars, but because of the wide acceptance around the world. Industry titans like Microsoft, and Dell, with nation states accepting or deriving on the concept. Overstock.com is an early....
Ethereum has been closing between $2,650 and $2,750 for the past week, creating uncertainty in the short term as bulls struggle to reclaim higher levels. ETH is trading at crucial demand zones, facing sustained selling pressure that has kept it below the $2,800 mark. Investors are trying to stay calm amid the volatility, but fear […]
It’s been a while since the crypto market has seen such a promising project, something that has a clear basis on a real market need and a long-term plan to stay relevant and bring value to customers, investors, and users alike. Uniqly.io aims to do exactly that, giving real-world value to digital items. Veterans of the space already know what non-fungible tokens are, and why they cost so much, but the mainstream market perception of them is poor at best. Without tangibility and actual “proof” it’s difficult to understand why that particular string of pixels may be....
The crypto market is full of surprises, but one thing remains consistent: panic selling always costs new investors a fortune. In the last six weeks alone, speculators dumped their Bitcoin holdings, collectively losing $100M. That’s $100M vanishing into the ether just because people got scared. Meanwhile, seasoned investors sat back, bought the dip, and are […]