(Update its 170$ Now)
Today crypto market took a shocking change and had a shocking 50 billion Dollar crash, In just last hour BCH took a fall from 235 to 188$ which is huge and a situation where it is allow to get fear of risking a huge asset.
Why this happened there are numerous rumours around why market fall into almost free fall one of which is about a scam "Plus token" which collected a huge amount of BTC from their victims in exchange of MLM, They released 13000 bitcoin for sell which disturbed the Demand and supply rule and due to high sell orders Panic was create with in crypto market and soon Out of Panic other investors followed the pattern which led us all crypto community to this situation.
Should we be worry about it?
People should be worry about bitcoin core ,store of value crashing 25% in minutes.BCH is fine, it's a payments network. Worked well a month ago, works fine today and will work well in the future.
Since the panic is already created with in the market and a lot of investors including small investors in a huge number already left the market for now what all is left are true ideologist of crypto in the field , Now what would happen is already done nothing worse then this can be happen so no need to panic further about losing more . Situation like this always open a door for new investors who were waiting for the dip once it get stable a lot of new investors will move in to get benefited with current dip and with that it will be stable again .
This is my personal take on this situation many can have other thoughts and I respect theirs to .
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