Most people on this sub are small players just like myself. We aren’t whales that can buy millions or thousands at a time. Most people here have a couple hundred dollars invested.
With the coming events regarding the evergrande situation it’s most likely there will be big market volatility.
But I personally don’t think it’s going to be bad for the small time players. We have now all seen the potential Bitcoin and some of many altcoins have. Fact is that this technology is for the most part fool proof and will be helpful in all kinds of situations in the upcoming few decades.
The big boys might have messed up, they will have to liquidate their crypto holdings. Gather money for the next few months/years to buy up and get ready for when the big money has their shit together again.
Personally I have my questions. They must see the potential some altcoins have. Dumping all holdings is just stupid in the long run, they and we know that.
If you came for just the profits, now stay for technology. This is going to be big, it might just take a while longer than you hoped.
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