Economists Worried: Downturns Don’t bode well

Economists have expressed their concerns about cryptocurrencies due to the decline in

Cryptocurrencies and the extraordinary drop in the price of Ethereum today. According to economists, cryptocurrencies broke a record a while ago and crashed to the bottom in as little as 8 months, confirming that there is a serious problem with reliability and that investors actually use cryptocurrencies not for use, but only for their own profit greed.

Many analysts and economists, who stated that even the investors’ careful action during this period did not yield good results, explained that if the decline in cryptocurrencies continues, it will be much more difficult to regain confidence, and that this difficulty cannot be described with the current situation.

The investor does not know what to do

According to economists, the investor is making a loss every 10 minutes because he cannot decide what to do in this period. While the investor who makes a quick decision is less affected by the possible declines than the investors who cannot make the current decision, it is known that the investors who are least affected by the decline are those who follow the prices frequently and know the support resistance points well.