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I need to stop checking my wallets because I'm losing gains every time I look at them. How can every coin dip at the same time? LTC - my favorite stable altcoin is worrying me right now. I'm also weary about buying the dip because of how bad it's been dipping and crabbing the past 6 weeks.

I need to stop checking my wallets because I'm losing gains every time I look at them. How can every coin dip at the same time? LTC - my favorite stable altcoin is worrying me right now. I'm also weary about buying the dip because of how bad it's been dipping and crabbing the past 6 weeks.

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[–] 2 pts

I had to uninstall the app from my phone in order to stop checking it daily. Now I just sit and wait.

[–] 2 pts

How can every coin dip at the same time?

The prices of most coins are controlled by a handful of whales. They react to peer-pressure. If others coins go up and theirs don't, their concern is that those other coins will attract more investment money from the little guy. They also have to bring them down in price on a regular basis to weed out the weak hands that sell as soon as the prices dip. Those 'weak hands' can get in the way of the whale's profit.

[–] 1 pt

Holding is stupid. Take profit when you can. Rebuy a larger quantity at a lower price.

[–] 0 pt

You sound like you enjoy a good rope.

Totally done to scare people away from crypto.

Doge just lost a shitton, along with etherium.

That doesn't happen orgainically

[–] 0 pt

Even BAT is rollercoastering, and it's actually based on something with value:advertising and a way to compensate content creators.

[–] 0 pt

PoW coins are taking down the PoS coins. I wouldn't worry too much. Private money like LTC, BTC, ETH and whatever are here to stay until the digital dollar comes out with a hard and physical backing.

[–] 0 pt

Imagine swinging like a brainlet though.

[–] 0 pt

I may have a theory - the whales are going on summer vacation.

[–] 0 pt

It's stressful and taxing on your peace of mind, that's for sure.