Three Reasons Why Pullbacks Are Healthy - SUNDAY THOUGHTS
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Listen to the audio version of this article! Hey DEFI TIMES community, We had a decent pullback on Monday; almost all cryptocurrencies corrected by 20-30%. It felt like a bloodbath for people who are new to the crypto space. Bitcoin crashed from $42,000 to slightly below $30,000. It was especially painful for newcomers. For the first time since 2017, we had a significant number of new people buying Bitcoin and ETH. These people only experienced skyrocketing prices so far, but crypto can be ruthless sometimes. Many people were washed out in a matter of days.
Three Reasons Why Pullbacks Are Healthy - SUNDAY THOUGHTS
Three Reasons Why Pullbacks Are Healthy …
Three Reasons Why Pullbacks Are Healthy - SUNDAY THOUGHTS
Listen to the audio version of this article! Hey DEFI TIMES community, We had a decent pullback on Monday; almost all cryptocurrencies corrected by 20-30%. It felt like a bloodbath for people who are new to the crypto space. Bitcoin crashed from $42,000 to slightly below $30,000. It was especially painful for newcomers. For the first time since 2017, we had a significant number of new people buying Bitcoin and ETH. These people only experienced skyrocketing prices so far, but crypto can be ruthless sometimes. Many people were washed out in a matter of days.