Instead of being pessimistic about what's happening in the market right now, why don't we just pay attention on monitoring the price pattern of bitcoin? Maybe it wouldn't go that way always but at some point, you can use that price movement to determine what can happen next with your holdings. Also, we need to remember how frequent bitcoin's value has gone up and as such things keeps on occuring, correction will surely take place to stabilize bitcoin and avoid seeing it lose control. Soon, bitcoin will stabilize once again or might even go up, so let us just have faith and believe that everything will soon become alright.
Instead of paying attention, why not encourage OP and others like him to keep on selling? Every purge strengthens the floors for us, delays the climb and firms up the charts. I mean, I'm actually somewhat disappointed by the dump/bears, if this is what it takes and this is all it gives, really, I am not entertained.
If only they started using more reputable accounts too. I swear, quality of FUD has really gone to the dogs.
OH, BUTTTTTTTTt this time is different.
Just like Doge, easy to get a 10X from 0.03, to 0.3
Impossible to get anything at $50k, its a slow long slog. The days of big moves for BTC are over, there is no justification in buying this sad, over-the-hill coin, that is controlled by a few geriatrics.
Given that the MAJORITY in the BTC game are low-IQ (the buyers), and have about $1,000 to invest, they're buying DOGE & friends
The thing is BTC has priced itself out of the common low-iq market, to which it climbed to the heavens.
The other thing is while BTC fell from $66k in the past week, most of the better 'privacy' oriented alt-coins, have made daily 25%
Sure the whales, or the early pre-miners got theirs free or close, and have enjoined the constant marketing and PUSH the low-IQ 'gambler' into crypto space, but that money is coming to an end, the stimmy checks are kaput.
...
There is an inflection here, the majority of rich-pll, and high-end types, know the TRUTH, that BTC ain't private, it ain't FUNGIBLE, and its been adopted by the IRS,FBI, & DeptofTreasury.
Real Privacy coins is the future of CRYPTO, otherwise just buy Tether or some other synthetic USD.
