You might be feeling like this guy if you are new to crypto currencies, but I believe this crash will be our last great buying opportunity for a while.
It’s all in the charts, not the news. I posted this chart by @AIM_Buster week’s ago before all this happened:
Could it be that the Broad stock market is about to correct and they want to scare everyone out of crypto before it crashes? Just a hunch:
What do you guys think?
i dont think this is last dip i think it is just another day on crypto market
I am with you man. Happens once a quarter and EVERY january.....Buy the DIP!
Panicking is the last option now I guess
I am new to the crypto market so I don't have a lot of history to go off of, but I don't see crypto going away any time soon. It simply looks to me like a great time to buy as much as possible.
Yes I agree!
I hope you're right!
I agree completely. We have seen this so many times before. There is some FUD, big drop and then the next big pump happens and everybody talks about how they missed the last big opportunity!
Bitcoin is dying and its dragging the entire market down with it. The markets are literally joined at the hip with BTC, and when BTC falls because people have realized how slow and unreliable it is, the larger market ( the new money, people who have been in the game for less than 5 months) panics as they believe that bitcoin IS the market, and if bitcoin fails, then everything else does. This is part of the issue when people like Warren Buffett go on record saying that "Bitcoin is a bubble and will burst" That part is true, for the most part, not many people are willing to pay $36 for a transaction, especially one that takes an hour or more to confirm, and even more so when the developers make little attempt to fix the BTC network -
But when everyday people hear things like this is causes a massive amount of irrational fear...coupled with news from South Korea which was false, as well as news from traditional outlets that claim the market and Bitcoin are constantly dying. We risk going into a free fall in prices within the next few weeks if people don't stop spreading false information. The market dropped by 30% just on false news and an assumption that Korea MIGHT POSSIBLY COULD BE MAYBE be banned from the markets. What would happen if over a 3 day period Fox News and CNN falsely reported that "Bitcoin" was going to be banned in the US, without any proper sources to back it up? The market would implode all based on a rumour. This is why its VERY important to not follow false channels, or people looking to hype coins, its causing the market to expand in a direction that it shouldnt be going, which is the hype, pump, dump and the market is burning scenarios. This has a lasting effect on the human mind, and we'll pay for it eventually.
It's like 3 times i see this same message, ...
Same
That may work on some girls, but not the street smart ones!
this post very helpful for us.
You said before fearing everyone is afraid of drowning, I think everyone will not be drowned so soon
I will watch carefully over the next weeks and might re-invest some pocket money.