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January 17, 2018, 07:17:19 PM |
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Most of people's post here about about buying the coins at a lower price, which is good advice, however the crash has real backing, like multiple countries banning exchanges, transactions being slow and demanding high fees. What happens if more countries do this, what if the exchanges can't scale quickly enough, cypto in general will continue to decrease. Yes these coins have experienced crashes before some even worse than this, but they were not caused by this big of a threat to the community as a whole. For me I think it's naive to initiate new positions on the dip, this is not the same world anymore that helped cypto thrive in the past year, the coins might rise again, but its by far no guarantee. Do your own research about the good and the bad, then make up your minds.
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