Many of you are new in this Market and many are Old, and who are in this field from last 1 year will understand that this fall is just a market correction and it will appear again and again.
in March 2017 there is a fall, and that fall is not this big like march 2018 Why?
Because from September to January, there are millions of new Investors joined cryptocurrency Market and thinking that they will double their investment within few months, they are not aware of crypto market , so when the market started falling then all such newbies reacted together and make this fall more big like if 10,000 users sell BTC together and reduce price to 500$ in same way 1 million new users reacted to small fall in bitcoin and reacted together and made this fall big to 5000$.
This is the reality and this is happening.
Now what will happen in 2018 when the market starts rising then this time this will be so big that it may cross all prediction, because again people start responding to it and those newbies who sold thinking BTC is crashed will buy again and hodl that money because after seeing this situation they will find that this fall is just crypto normal situation.
For me, this fall is necessary so that new investors understand the market.
Share your views
Fraud, hackers, unfavorable news and simple panic spreading all influenced the current situation on the market. There are people who are reasonably withdrawing their money, others have succumbed to these factors and are now upset with great losses and are already looking with caution in the direction of investment. Everything should return to the normal course by the end of the year.