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RE: Ethereum: Why The HUGE Drop & How To Stop The Rot!
It is all about speculations, fear, and greed. You are right we have to pass the uncertainty in August to see the real trend.
For now, it is all going down. Maybe a good time to buy. :-)
Definitely! I'm not sure if everything will bounce back to pre-dip levels, or whether money will flow back through the 'safe-bets' very slowly. For example, GNT was sat largely at around $0.5 but went as high as $0.7+, it's now trading at around $0.28. Personally, I think it will be months before it gets to the same sort of levels again. Fear will be too strong early on, but greed will come back quickly enough!
Thanks for commenting @jamjamfood