What is happening with crypto coins?

revanyo said:

Has anyone else noticed that alot of different coins are tanking real fast? Bitcoin is now at 492$ when it was close to a 1000$ a few months ago. Doge is at .00051 when it was at .002 several weeks ago?

What is going on here? And more importantly is this a good time to by in??

Click to expand...

That is volatility for you.

Don't be mistaken though, there is a lot of money to be made from volatility.

Historically during the months of OCT - DEC Bitcoin surpasses past all time highs... That has been the trend since 2009, and this current dip in price definitely lends credence to the fact that another big rally is close.