Can someone explain to me why every crypto coin is crashing? It keeps going down and it’s reminding me of 2021 or 2022. I am in the crypto market holding xrp and sol but I just need more context on why it’s going down or why it’s getting sold on higher figures than buying
Posted by Secure-Sun-7690
12 Comments
Because crypto fraud pays more than investing into it. lol
Welcome to crypto.
*never* ask why – you’ll get 1k different answers.
Bottom line is this market uptrends for very short periods compared to how often it downtrends.
Buy after big dips, not huge rips and wait. Know that any time you’re buying new ATH’s, you’re putting yourself at risk of -90%+ on alts.
Why does it matter?
ahhaahhahaa
FUCK i get good laughs here
when cash is tight the first thing people will sell is whatever is least useful
Global liquidity is tightening
This whole thing started since last Friday and the appointment of the new fed guy
Haven’t you studied previous cycles? This isn’t anything new or surprising, this is right on schdual. Study previous cycles and dont listen to any influencers. Its that simple.
From what I can gather:
– government shutdown (even though it ended now, it spooked the market)
– no rate cuts due to higher inflation and better job data than expected (market was expecting rate cuts)
– new fed chairman chosen is more hawkish than expected, which means lower likelihood of subsequent rate cuts
– Clarity Act keeps getting stalled. Continued drama suggests it may continue to get stalled and possibly not pass before the midterms which means it could be delayed indefinitely
– in general, not enough liquidity in the market, not enough appetite for risk in the market, and not enough regulation to drive existing liquidity toward crypto
It’s being manipulated, that’s as simple as it gets
XRP is for sure going back below 1. Not sure if it gets all the way back to 0.5 but it’s possible