Do repost and rate:
Hello,
The market still has it's up and downs (down mostly) and many trying to figure out why. Reasons vary but my main thought on this is the taxation that's being imposed on some countries. Imagine having 10 bitcoins and 200 ethereum, then you hear at the news that you will pay taxes for your gains from cryptos...around 20-30% how can you get that money? By selling of course... Now broaden it up to a big "investor" with millions in cryptocoins that must find those tax money...selling is the only way. This causes volatility and ups and downs of uncertainty.
I think that this will not go on forever but until things settle my best pick is at least 3 more quarters.
Cheers..
