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RE: Charlie Lee - The Litecoins Creator Doing a Trade of a Year

in #litecoin7 years ago (edited)

@kingscrown I think we should take advantage of this market capitalization drop that took place the past 24 hours or so. Everybody is panicking, mentioning bubbles and I'm just thinking how the whole crypto market cap has grown much bigger within the last few months. BTC's price dropped but let's not forget what its price was last year! I think this is a normal correction which can be seen as a gift to us! We can buy some cheap crypto for Christmas :)

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EXACTLY! Everyone was freaking-out because BTC got down to $10,400, or whatever, but it was barely above $3,000 a few months ago!

last month it was $8000. Crypto is like everyone is getting in a building that is on fire alert, the alarm turn on and everyone bottles neck. Then the switch get turned off everyone goes back in.

Good analogy.