Crypto Sentiment Check: Panic, Manipulation, or Long-Term Calm?

Gemini_Generated_Image_CryptoDrop.jpg

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Now that the crypto drops again, many expect bloody days to come. Others think that the bull run is over. Some are puzzled about what causes the sell-off. One suggested it is the initial reaction to the Putin-Trump meeting. Still another thinks that "too many people were expecting the last pump. The seasoned investors are getting out early." These are a few of my gleanings from today's discussion on Reddit.

Another Redditor has a very ugly interpretation:

Cryptocurrency has become a plaything for the rich. For the first five years, the average person had a realistic chance to make life-changing money, but those days are long gone. The institutions now involved will manipulate Cryptocurrency to serve their own goals, and these goals do not look like those of the average person. Anyone who believes that "we're still early" is holding on to a delusion.

This one is very positive.

Come back in 2040 and let us know how relaxed BTC is.

Source.

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(Edited)

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Well, some would say the market is insane. Others think that the market is always right.

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