Fear, Loathing and Opportunity: How Crypto Traders Are Handling the Drop

The final 24 hours have been the worst the cryptocurrency markets have seen since the 24 hours prior. Issues have been wanting grim for weeks in truth, however on Nov. 19 the scenario went from unhealthy to important as BTC fell under $four,500, dragging the remainder of the market down with it. Whereas some buyers used this newest blow to bow out, others have used it as a possibility to re-up on low cost cash.

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Thoughts the Drop

There’s not often a boring day in cryptocurrency, however Nov. 19 will go down as a very memorable one, albeit for all the improper causes. Plummeting crypto costs, on high of every week of plummeting crypto costs, have left many merchants in despair and others vowing to rage stop. So somber is the temper that the usually morbid humor that accompanies a worth drop has been largely absent from crypto Twitter.

“Now could be the time for compassion,…

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