Digital currencies such as NEO, OmiseGo and TenX, are experiencing slight or no movement during trading as of late August 2017 when compared to previous weeks or months. One explanation for this is believed to be due to the start of the “Ghost Month” in countries where most of these cryptocurrencies are headquartered, and whose investors are mainly based. Apparently people in these countries have a belief that it is a particularly bad time to invest in anything during the month.
Has anyone else heard about this?