The effects of Evergrande on the whole world. This is one of the blood-baths that we are used to experiencing in crypto. While there is some negative news like #Coinbase ceasing the lending operations, such a massive decrease is directly associated with the FUD in the whole world. This time the problem is global and a bit more long-lasting.... Of course crypto will be the first spot that people will realize their profits and cash out when they are not comfortable with the sentiments. If the effects of Evergrande grows even further, then we may start reconsidering plans for our crypto investments. However, for now, I'm not going to cash out any asset before another leg of bull-run that I'm waiting for the end of 2021. Whatsoever happens, check the cases about Evergrande and be ready to develop strategies for your crypto investments 😏 #Cryptocurrency
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Well it seems everybody went into panick mood.... It's never a good sign but I don't care too much so far ;-)