It has been a bad day for many people involved with Crypto Currencies , and specially those who are into Crypto Trading.
The market crash was real and it killed a huge amount of market cap with it. It actually lost near to a trillion few days back if i am not wrong.
Many people panicked out this situation and sold there Crypto at huge losses. People got manipulated easily as always.
If you would see the market today , you will see how market has recovered. Though it is not even near to where it was few days back but yes it has recovered.
The blood bath has to finish someday and that's how it works. we see a uptrend and downtrend as well.
Just see the below chart and you will know how stupid people are there who sold there Crypto at almost half of the price at which they are trading currently.
If we talk about Matic it went down below $1 and it crossed $2 few hours back.
You know what we call this , it's call manipulation of the price by big traders. hodl is the only solution and if you are not cool with doing that then suffer.
When market Goes up it will come down , and that's totally normal. you will find many reasons for every market crash and bull run and is upto you.
many see this crash as a golden opportunity to buy more of their favourite coins and for many it is the end of everything , lol 😂.
Just study the market from the history and make yourself aware about what is normal and what is not.
I am still in loss but i am holding because i know i will be selling it at good price in future.
Happy Trading , don't panic.