Before Christmas big panic in Crypto. Almost all now coins are down.
If you are following closely in recent days, members of the cryptocurrency( ESPECIALLY Bitcoin) old guard have announced they're selling out and switching to Bitcoin Cash.( They know exactly what they are doing)
Coinbase starts to trade Bitcoin Cash and it went up to $4.100 today down to 2.500$.
All these fluctuations and uncertainty shows that we need to be careful and patient.
Simply do not invest all your savings at once hoping to perform and become rich. It doesn’t exist.
I believe somewhere there is a manipulation. By creating confusion and fear big investors are enjoying to see Bitcoin collapsing so that they can reinvest and make again huge profits.
Crypto will also probably make a great long-term investment, but in the short term, the price may even drop further.
Need to be cautious.