Guys.. do not panic, Eth and BTC prices are going down, but if you see closely the price of BTC goes down more as compared to the Eth if we check the ratio.
Some big group of people are manipulating the market to make hug money. They are pumping an dumping hugely.
Eth price slash at the moment is because of someone who sold his millions of dollars worth Ethereums in the market. Market depends on 2 coins, BTC and Eth, and if they are going down, you will see whole market is bleeding. it is not the time to panic it is the time to hold and buy more. I lost a lot because of this fear in the beginning and now when I see the market is bleeding I literally drool because it is not the time to sell, it is the time to shop.
Always Follow some rules
- Do not do margin trading.
- Do not sell your BTC and Eth
- Do not panic sell.
- Always buy on the dips
- Do some research on your coins you wanna invest in
- Do not invest everything in one coin
Last but most important one - Do not invest what you can't afford to lose.
Good luck Guys.