The crypto market saw a significant downturn recently, a familiar cycle of ups and downs. During these phases, certain coins like $HIGH tend to hold their ground. Some attribute these fluctuations to market manipulation by whales and short sellers, who push prices down, triggering stop-loss orders.
Novice investors often panic sell during these times, adding to the chaos. As someone with extensive experience in both crypto and traditional markets, I've witnessed these market movements before. Remember, losses are temporary, and with sufficient capital, it can be wise to capitalize on buying opportunities.
Yesterday's market drop affected every coin, painting the charts red. While alarming, sudden declines are not uncommon in the crypto space. It's essential to embrace volatility and view dips as opportunities to strengthen your portfolio.
Remember, this is not financial advice. Always do your research before making investment decisions.
