DO NOT PANIC: Seems like crypto whales are dumping to cause a panic sell, so get themselves a juicy Black Friday!!!

To the newbies in crypto (like myself): Do not panic when seeing red today! This is likely caused by whales and VCs dumping a part of their holdings that will cause the value to dip and can trigger retail investors like you and me to get scared and sell off. This will in turn lower the value even more and give the VCs and whales a great opporunity to buy in lower, giving them a juiy Black Friday deal that you paid for! If you are invested in projects with longterm value there is no reason to sell off now. Especially! if you were unlucky enough to buy at ATH. Stay safe, there is blood in the water and sharks love blood lol submitted by /u/Mukrake [link] [comments]