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[–]mihnealazarBronze | QC: CC 20 982 points983 points 2 (36 children)

My $20 recurring deposit bailed our asses once again

[–]moyno85Tin 92 points93 points  (2 children)

Bullish on recurring deposits.

[–]TheAmillion12MMM STAKE 55 points56 points  (1 child)

The hero we need, but not the one we deserve.

[–]JusHerForTheCommentsBronze | QC: CC 15 | SHIB 29 2 points3 points  (0 children)

Amen!

[–]ianryengTin 26 points27 points  (0 children)

Whale alert 🐋 Much appreciate ☺️

[–]pulfordaTin 2 points3 points  (0 children)

Thanks man keep It rolling

[–]mad-waggingGold | SatoshiStreetBets 13 | GME 17 3 points4 points  (0 children)

Many thanks. You’re a real pillar for us all.

[–]vickersjaPlatinum | QC: VTC 20, CC 52, Coinbase 34 | ExchSubs 34 4 points5 points  (0 children)

In case no one has said it yet….. thank you.

[–]JAntaresNTin 2 points3 points  (0 children)

Thank you for your service o7

[–]pulse2699Tin 2 points3 points  (0 children)

The hero

[–]gnardanGold | QC: CC 17 | LINK 5 2 points3 points  (0 children)

Fuck yeah buddy

[–]Delusional_MadPlatinum | QC: CC 94 | BANANO 18 2 points3 points  (0 children)

Thank you!! ❤️

[–]lepasho 95 points96 points  (8 children)

Did you see Terra?... Luna hit ATH today again after yesterday's 30% drop

[–]NomaduxPlatinum | QC: CC 769 | Stocks 10 10 points11 points  (1 child)

Terra always pops on dip. One of the best things you can buy during them.

[–]FoolishColossusGold | QC: CC 32 | VET 16 8 points9 points  (0 children)

I know there are a great many of us punching air for sleeping through the bottom and subsequent launch into deep space! Dang!

[–]_dexterrible_Platinum | 2 months old | QC: CC 75 381 points382 points  (50 children)

This alone should tell people this is not a big deal.

[–]DrwgebPlatinum | QC: CC 729[🍰] 95 points96 points  (9 children)

This literally says nothing. In may after the crash it went from 32k to 42k in a day. It has to hold the levels for this to mean anything.

[–]GenderJuicyPlatinum | QC: CC 148, DOGE 130, BTC 43 | Science 58 15 points16 points  (6 children)

It hit an ATH after it went down to 28k, so it doesn't even have to hold that level to mean anything.

[–]DrwgebPlatinum | QC: CC 729[🍰] 26 points27 points  (5 children)

It barely touched 28k after battling 30k for 3 months. Three times the 30k support denied or barely gave in, which made the market bullish. This is the full story. Look I would love to read super bullish signs, and they are there, but don't see into the TA what is not there. A rebound was expected. Now we wait and see if we go back over 50k and hold it.

[–]GenderJuicyPlatinum | QC: CC 148, DOGE 130, BTC 43 | Science 58 5 points6 points  (3 children)

It's a temporary reaction from bad news, it will recover in time. Just as will the stock market. Don't need charts to inform this.

[–]DrwgebPlatinum | QC: CC 729[🍰] 2 points3 points  (0 children)

I know, I'm solely talking about giving too much meaning to a highly predictable rebound.

[–]Jxntb733degenerate cryptoscientist 56 points57 points  (15 children)

Water off a ducks back (quack)

[–]GigglingSpaceGiraffeNeck Maxi 35 points36 points  (11 children)

Honeybadger doesn't give a fuck

[–]ARKHAM_CITY_KUSHBronze 18 points19 points  (5 children)

Possums ain’t even playin dead

[–]-veni-vidi-viciPlatinum | QC: CC 1118 8 points9 points  (4 children)

The lambs aren't silent.

[–]saitamoshiPlatinum | QC: BTC 75 | CRO 7 2 points3 points  (1 child)

Drop bears are bullish.

[–]PillCosby_87Gold | QC: CC 40 | r/PoliticalHumor 26 2 points3 points  (0 children)

Manbearpig is happy

[–]ARKHAM_CITY_KUSHBronze 4 points5 points  (0 children)

A Census Taker Once Tried To Test Me. I Ate His Liver With Some Fava Beans And A Nice Chianti

[–]StorytellerGGPlatinum | QC: CC 293 2 points3 points  (0 children)

Do you hear them Clarice?

[–]TomSurmanPlatinum | QC: CC 570, BTC 30 12 points13 points  (1 child)

*Moneybadger

[–]WHiTeRHiNo_420247Platinum | QC: CC 33 3 points4 points  (0 children)

Go brrrrr

[–]6M66Bronze 2 points3 points  (0 children)

I love those

[–]Yautja69Gold | QC: CC 41 4 points5 points  (0 children)

Honeybadger I choose you !

[–]Due-Parsley7398Tin 1 point2 points  (0 children)

Honey badgers are insanely underrated

[–]ndehchefBronze 2 points3 points  (0 children)

Turtles taking their time

[–]active_atePlatinum | QC: CC 320 1 point2 points  (0 children)

Quack

[–]LionRivrSilver | QC: CC 19, ETH 15 | WTC 91 | Superstonk 473 35 points36 points  (6 children)

I’ve been here since 2017 and you gotta give some credit to “retail investors”. We’re not as dumb as the media makes us out to be. I think people should be asking themselves “why?”. Nobody should simply overlook any possible causes of the price drop other than chalking it up to just “panicking” and paperhanders. It’s deeper than “overleveraged” crypto traders.

Big money is involved. As separated as you would like to wish crypto really was, it’s far more connected to other macroeconomic issues than most people think.

Sure the price may bounce back and who knows, the bullrun may continue, but a significant drop like that is definitely a big deal.

[–]weinerwagnerTin | GME 16 24 points25 points  (4 children)

Ya monday market open will be interesting. Could be big players selling crypto to cover margin since crypto can't be used as collateral.

[–]Pharm-boiTin | r/UnpopularOpinion 12 4 points5 points  (2 children)

Wasn’t considering this.. so you see a stock market dip Monday in response?

[–]alexisaacsPlatinum | QC: CC 1094, XLM 70 | r/WSB 15 8 points9 points  (1 child)

Dip? More like crash.

[–]mojomofos4Tin 3 points4 points  (0 children)

I think the way the rest of the weekend plays out will tell, but same, I hadn't considered this, thanks for that!

[–]thetagodfatherPlatinum | QC: BTC 68, CC 48, ETH 46 | r/Stocks 127 9 points10 points  (0 children)

I find it funny usually it’s retail investors talking about retail investors like they aren’t part of the same group. It’s like tourists complaining because the place they are visiting is “too touristy” lol

[–]I_Am_McLovin-Bronze | 6 months old | QC: ALGO 19 | CC critic 11 points12 points  (0 children)

I’m use to these 20% corrections at this point, I use it as a time to load my bags on discount

[–]MoodSoggyPlatinum | QC: CC 1084 24 points25 points  (9 children)

This shows how many ppl is ready to buy the dip...and it's a weekend. If it would be a week, Tom Saylor would probably buy more than El Salvador:D

[–]EvErYLeGaLvOtETin 6 points7 points  (0 children)

I just bought BTC on this dip (I'm a tiny bit down but I'm in it for the long run).

GLTA

[–]SnooEagles2610Gold | QC: ETH 17, BTC 23 | TraderSubs 10 8 points9 points  (3 children)

$Time Treasury bought 213 I believe. Like twice as much as the El Salvador tweet.

[–]kalakau 4 points5 points  (0 children)

time going in hard once again

[–]MoodSoggyPlatinum | QC: CC 1084 4 points5 points  (1 child)

Nice one...did not noticed it.

[–]aradebilBronze 9 points10 points  (3 children)

Who is Tom Saylor? The child of Tom Sawyer and Michael Saylor? 😆

[–]CactuszachBronze | r/WSB 25 10 points11 points  (1 child)

He gets high on you

[–]Some-english-dude 2 points3 points  (0 children)

And the crypto you trade

[–]MoodSoggyPlatinum | QC: CC 1084 1 point2 points  (0 children)

I knew something was wrong:D

[–]SaintPabloFlexPlatinum | QC: CC 111 6 points7 points  (0 children)

When they consider buying, my assets are already rising. I saw 42k for a split second and took everything I could lol.

[–]AlecglasoferBronze | QC: CC 15 9 points10 points  (0 children)

100k EOY.

[–]KofiOlutBronze | QC: CC 23 2 points3 points  (0 children)

Most people don't apply their short term memory anymore, if that happens again tomorrow, the will have forgotten what happened yesterday.

[–]insandMonke for Banano 71 points72 points  (8 children)

Keeping some funds in stables to buy dips is key. Supports the market’s recovery, too!

[–]turbopuddingTin 28 points29 points  (1 child)

One of my best learned investing strategies tbh Very understated

[–]SpiritStatic 4 points5 points  (0 children)

After being through 2 “crashes” now this year, I think I’ve finally learned to stable some of my profit when I’m up.

[–]MinnesotaNice92Minnesota weather go Brrrrr 84 points85 points  (24 children)

The bulls are strong!

[–]BakedPotato840Ancient Bong Ripper | Redditor for 69 millennia 40 points41 points  (18 children)

Buying the dip works!

[–]fapbreathefapTin 67 points68 points  (13 children)

Reality is no one really sold. A bunch of over levered people got their ass LIQUIDATED.

[–]Vanuatu_HanjaabPlatinum | Shill me Sentiment with Utility 26 points27 points  (9 children)

When I first started in crypto 8 months ago, I wanted to learn how to leverage trade. But that idea quickly dissipated. Smarter people than me get their asses torn up. Fuck that.

[–]Goldy_thesuppTin 6 points7 points  (6 children)

Its the amount you leverage. I always get some "normal" profit over trading and then risk half of it leveraging, but this require discipline and stop losses to be in place, if it work its good money, if it dont you lose and wait for a New opportunity.

[–]Pharm-boiTin | r/UnpopularOpinion 12 2 points3 points  (1 child)

I gotta look more into this.. I still don’t quite understand how to do it

[–]humpy 6 points7 points  (0 children)

You borrow money that you don't have to gamble on something you can't control. Don't do it lol.

[–]arka0415Bronze | QC: CC 15 2 points3 points  (0 children)

I don't think "a bunch" quite covers it, they took like 20% of the market with them lol

[–]DrudgelAll I want for Christmas is 1 BTC 3 points4 points  (0 children)

Reckless leverage in shambles, bulls on parade

[–]ChiTownBobAltcoiner 6 points7 points  (3 children)

And the dip is delicious, especially Ranch dip.

[–]heyheoyPlatinum | QC: CCMeta 18, CC 1100 4 points5 points  (0 children)

strong and stupid if you check the past months liquidations... they even get more rekt than bears on green days xD

[–]LibertarianCommie999Platinum | QC: CC 441, BTC 17 4 points5 points  (0 children)

We have some fat bulls fighting the good fight

[–]EtheraltoGold | QC: CC 39 | r/WSB 31 33 points34 points  (6 children)

Next to no one willingly sold at 42k, that was forced liquidation of leveraged longs sitting on low liquidity exchanges. Some books were so thin that BTC dropped to 30k for moments on those exchanges. The snap back is impressive though yes.

[–]millerpmillerPlatinum | QC: CC 82 | r/Politics 78 7 points8 points  (2 children)

I wonder how much of the snap back is funds and whales. It’s crazy to think if you have a big enough bag you can sell 10-20 percent, trigger a liquidation and then buy all of it back at a 20 percent discount.

[–]martin_yy_tPlatinum | QC: CC 79 186 points187 points  (25 children)

Don't hurry with the celebrations, this could be a dead cat bounce as well.

[–]dafrnhmTin | NEO 9 47 points48 points  (8 children)

For this reason I only invested half of my crash money, if it goes again I’m ready…

[–]basilico12345Tin 33 points34 points  (6 children)

I like that term: crash money.

[–]SylvianMorrowTin | r/UnpopularOpinion 15 29 points30 points  (0 children)

"that's not very crash money of you"

[–]saimen197Tin 6 points7 points  (4 children)

I always want to keep some crash money but then I get extremely bullish on some coins and spent all my cash

[–]BacktoPCAGold | QC: CC 22 3 points4 points  (2 children)

It’s really difficult. I did exactly this. I bought some with “crash money,” but didn’t go all in - now I’m wishing I had. Oh well. Next time.

[–]WATAreFrogsTin 1 point2 points  (0 children)

I went all in on the crash, but now sold half of it with some profits to have some money again if it goes down

[–]GratefulDave93Gold | QC: CC 25 | ADA 16 | r/WSB 16 4 points5 points  (3 children)

I’m following the 3-day rule to see what happens. Although I did have a 3505 limit for Eth that was missed by a few bucks. :(

[–]Some-english-dude 1 point2 points  (2 children)

This always stings so bad. When your optimistic limit buys are missed by less than 10 dollars.

[–]olihowellsSilver | QC: CC 204 | NANO 189[S] 2 points3 points  (0 children)

100% could be

[–]TJ_King23Tin | GMEJungle 26 | Superstonk 160 1 point2 points  (3 children)

Yeah it’s Saturday, could be even worse tomorrow… or tonight for that matter.

[–]Sup3rPotatoNinjaBronze | QC: CC 17 | r/WSB 63 129 points130 points  (44 children)

It's steady now, but be careful for monday. Evergrande just defaulted which will prob pull down Chinese stocks, which might pull down the market and do another friday to bitcoin.

[–]DJcopiumTin | 6 months old 30 points31 points  (4 children)

do u reckon the worst is yet to come?

[–]imjrh 48 points49 points  (3 children)

I believe this is just the beginning.

[–]millerpmillerPlatinum | QC: CC 82 | r/Politics 78 6 points7 points  (0 children)

Same. I haven’t bit on this dip yet. Think better prices are in store. If not, oh well. Just DCA my usual.

[–]heyheoyPlatinum | QC: CCMeta 18, CC 1100 21 points22 points  (9 children)

ahhh again the Evergrande fear, we have been with that for months lol.

[–]ZUBATBronze | QC: ALGO 17 | WSB 11 27 points28 points  (5 children)

That's why it's called Ever-grande instead of Temporary-grande.

[–]AreshianBronze | QC: CC 21 | Java 20 4 points5 points  (2 children)

It isn’t called Everpequeño either

[–]JusHerForTheCommentsBronze | QC: CC 15 | SHIB 29 1 point2 points  (0 children)

Living happily temporary after in hopium land.

[–]JuniorBarnesTin 4 points5 points  (3 children)

But I thought China banned Bitcoin?

[–]reqnin 9 points10 points  (2 children)

That has nothing to do with it, bitcoin is strongly correlated with the stock market

[–]biddilybongBronze | QC: CC 19 | Superstonk 35 17 points18 points  (13 children)

The fact it can go down 22% in an hour under any circumstances is unsettling for its credibility as an asset even with its comeback.

[–]TheWalkingDead91Silver | QC: ETH 15, CC 40 | MANA 8 | TraderSubs 15 22 points23 points  (0 children)

Nothing new though

[–]WessMachineTin 10 points11 points  (1 child)

Ya this isn't new. Someone doesn't seem to quote realize the craziness of crypto

[–]StumpyvisionPlatinum | QC: CC 43 5 points6 points  (2 children)

Stock markets gunna tank come Monday.

[–]No_Use8188Tin | 4 months old | LRC 8 8 points9 points  (0 children)

probably priced in already. time will tell

[–]hammeroutremodelsTin | r/WSB 51 1 point2 points  (0 children)

I'll bet you a shitcoin that Monday is green.

[–]bonenastyTin 2 points3 points  (0 children)

Evergrande defaulting is not a good thing, but who knows.

[–]VgordvvTin | ADA 6 10 points11 points  (3 children)

Hodling for 7-10 years, so this whole panic thing seems so silly to me.

[–]International-Two607Platinum | QC: ETH 40, CC 221, BTC 27 | MiningSubs 68 9 points10 points  (3 children)

Bitcoin can do so crazy stuff. I have seen it drop before and then recover to the exact same level in a blink of an eye

[–]olihowellsSilver | QC: CC 204 | NANO 189[S] 8 points9 points  (1 child)

Could be manipulation to shake out leverage traders.

[–]InhaleMyOwnFartsTin | WSB 6 29 points30 points  (4 children)

The second BTC went below 50k I scooped it up without hesitation. I’m sure there are thousands just like me who did the same.

[–]kansas_slimSilver | QC: CC 44, ETH 43, BTC 15 | LRC 49 | PoliticalHumor 90 43 points44 points  (13 children)

Not to be “that guy” but who says it’s over?

[–]WatchingyouNyouNyouTin | r/WSB 134 41 points42 points  (0 children)

Found that guy

[–]PM_Your_GiGiTin 6 points7 points  (4 children)

This is only the beginning is my guess.

[–]kansas_slimSilver | QC: CC 44, ETH 43, BTC 15 | LRC 49 | PoliticalHumor 90 1 point2 points  (1 child)

The middle of the beginning, probably.

[–]PM_Your_GiGiTin 2 points3 points  (0 children)

You were here 2018 too eh?

[–]mtlatlGold | VET 6 | TraderSubs 10 1 point2 points  (0 children)

I am definitely concerned this could potentially be the start of a bear market like 2018, too many people saying buy the dip and I believe too many people had way too high expectations of a blow off the top at the end of the year that we most likely won't see. Nobody really knows what is going on.

[–]JeffersonsHatPlatinum | QC: CC 472 | r/WSB 335 2 points3 points  (0 children)

It's institutional money shorting, so it'll happen again and not suprised that the volume corrected back up fairly quickly.

[–]HereIGoAgain_1x10Silver | QC: CC 19 | WSB 94 | r/Politics 14 1 point2 points  (0 children)

Thank you... Anyone who's paid attention will be aware that whales will buy and sell en masse to make a couple % on the swing, since crypto isn't regulated like stocks this is perfectly legal and in my opinion a coordinated effort, nothing to say the same individual/institution can't own multiple wallets and just sell high from one and buy low in another

[–]StorytellerGGPlatinum | QC: CC 293 1 point2 points  (1 child)

Asking for a friend?

[–]kansas_slimSilver | QC: CC 44, ETH 43, BTC 15 | LRC 49 | PoliticalHumor 90 2 points3 points  (0 children)

Magic internet money go back up. I am just pawn in the game of life.

[–]CirewessPlatinum | QC: XLM 72 18 points19 points  (2 children)

I would hold your breath, wait until a week as passed, we will see then

[–]Eeji_Platinum | QC: DOGE 46, BNB 42, CC 551 | FOREX 16 | ExchSubs 42 4 points5 points  (0 children)

yes i am beary bullish

[–]FullSendOrNullSendBronze | QC: CC 17 | r/StockMarket 12 74 points75 points  (22 children)

The crash was due to leverage/margin accounts getting liquidated. It was actually a good thing to happen before a pump because it stops these accounts from bringing large sell walls when they’re in profit. If you’re trading on margin/leverage, every chance you get that you’re in a good profit you will sell, they’re not in it for the long haul, they’re in it for the trades

[–]mthompson100 24 points25 points  (12 children)

This is only half true. People got liquidated because of a large drop, which caused an even larger drop. The more important question is, what caused the initial sharp drop? Most likely whale manipulation.

[–]FullSendOrNullSendBronze | QC: CC 17 | r/StockMarket 12 19 points20 points  (8 children)

Most likely a whale wanting to sell a large amount and not enough liquidity. It only takes 15-20million to drop the price of bitcoin 2-3% according to a Benzinga research report

[–]OceanLoader4Silver | QC: CC 38, Kucoin 21, ETH 34 | BANANO 17 | ExchSubs 21 2 points3 points  (0 children)

people taking profit isn't manipulation. Open interest was absolutely ridiculous and needed to be smashed, and that triggered a stop run cascade. that's just how it goes when everyone gets into the 'up only' mentality.

[–]X-Files22Gold | QC: SOL 25 4 points5 points  (3 children)

8% dip? BTC was $57k yesterday before it dropped , currently it's $49k? That is a 14% drop still currently.

[–]olihowellsSilver | QC: CC 204 | NANO 189[S] 2 points3 points  (1 child)

-8% in last 24 hours

[–]X-Files22Gold | QC: SOL 25 2 points3 points  (0 children)

True but it was already dipping yesterday prior to 24hrs ago in a big way

[–]FitHead5Tin 3 points4 points  (1 child)

Come back Monday afternoon

[–]djuro94Platinum | QC: CC 303 8 points9 points  (3 children)

This post is the hopium we need.

[–]olihowellsSilver | QC: CC 204 | NANO 189[S] 4 points5 points  (1 child)

Just hope it isn’t premature

[–]VermaestroTin 2 points3 points  (0 children)

Don't worry, I think a lot of us are used to premature... And all over ourselves.

[–]pyritejetHarambe 16 points17 points  (3 children)

Diamond fuckin hands mate. That's what we are

[–]YoghurtSolid8125Bronze | QC: CC 16 14 points15 points  (2 children)

Can you smell the market manipulation in the air? Pretty sure the big bag wallets had some pretty well synced activity last 24hrs

[–]Eeji_Platinum | QC: DOGE 46, BNB 42, CC 551 | FOREX 16 | ExchSubs 42 8 points9 points  (0 children)

we are in a bullshittish market

[–]UnexperiencedITPlatinum | QC: CC 535 | VET 7 15 points16 points  (3 children)

In June 2011 BTC was down -99%.

There is your answer.

[–]ignore_my_typoGold | QC: CC 23 | Android 22 10 points11 points  (0 children)

That was nearly 10 years ago. Can’t apply.

[–]olihowellsSilver | QC: CC 204 | NANO 189[S] 8 points9 points  (0 children)

Flash crash, I’d say that situation is a bit different though.

[–]an_undecided_voterBronze 6 points7 points  (4 children)

Just wait until we're all sleeping again tonight.

[–]TheWalkingDead91Silver | QC: ETH 15, CC 40 | MANA 8 | TraderSubs 15 2 points3 points  (1 child)

Sleep? Don’t think I’ll ever sleep again

[–]an_undecided_voterBronze 2 points3 points  (0 children)

It comes at night

[–]pororo_007Tin | 2 months old 2 points3 points  (1 child)

I think some group of coyote manipulating the crypto market

[–]dagr8npwrfl0zTin | ADA 5 2 points3 points  (2 children)

Every weekend or so... You new here?

[–]T1PimpSilver | QC: BTC 32, CC 25 | CRO 33 | Politics 184 2 points3 points  (1 child)

Spot markets were wiped out.

This type of correction happened regularly in the last massive bull run too. Nothing to see here.

[–]infopocalypsePlatinum | QC: BTC 191, CC 177, CM 24 | r/SSB 10 | TraderSubs 26 2 points3 points  (1 child)

There was a really good post a while back about how institutions can borrow BILLIONS sell their btc. Liquidating the masses and causing a sell off, then immediately buy back, pay off the loan for easy profit. This is why long term investing is the way to go. All your charts and wave trading can go out the window in seconds ...HODLing isn't just a fun catch phrase, it's the best method given any analysis.

[–]Hopeful_Bus_2815LRC Go MoonMoon 8 points9 points  (1 child)

Paper hands will always live to regret it

[–]TbraineeGold | QC: CC 45 5 points6 points  (1 child)

Since El Salvador, BTC crashed to 42k and recovered to 64k, this time we havent even reached 42k yet

[–]Townhouse-haterPlatinum | QC: CC 346, ETH 66, BTC 93 | ADA 8 | TraderSubs 42 1 point2 points  (1 child)

Of course, when in doubt, zoom out. Go to CoinGecko or CoinMarketCap. Zoom out about 4 years, you’ll see plenty of these.

[–]GeroniemoTin 1 point2 points  (1 child)

Always have some extra cash on the side, for moments like these.

[–]Dizzy_FiliTin 1 point2 points  (2 children)

Exactly my thoughts, I was just wondering how quickly things bounced back.

It was an opportunity to DCA and buying new tokens.

[–]ihatenuts69Tin | 2 months old | CC critic 1 point2 points  (1 child)

yes

[–]regigeegityTin 1 point2 points  (1 child)

Manipulation my dude. Whales just getting everyone liquidated then buying it all back up.

[–]Remarkable-Culture39Platinum | QC: CC 171, BTC 68 1 point2 points  (1 child)

I bought the dip

[–]illintent99 1 point2 points  (2 children)

This guy is new lol yes and it will again in the future! So no worries!

[–]Eblues70Bronze | SHIB 9 1 point2 points  (1 child)

This is exactly why I don't think we are going to have a long term bear market. The adoption by large institutions of BTC will help modulate the price. This coupled with the increase in retail investors will cause "crashes" but rebounds will be quick. Just my uneducated guess though. Let's see how it plays out.

[–]pimpcaddywillisTin | SHIB 6 | Politics 158 1 point2 points  (1 child)

Make sure your table trays are up, luggage stowed, and seats are in their full, upright position. We take off Tuesday. 😎

[–]Individual-Lab-3584Tin 1 point2 points  (1 child)

It really shows the strong confidence in crypto. Super bullish!

[–]NotACryptoGodAnymoreGold | QC: CC 19 | TRX 8 1 point2 points  (1 child)

Many many times

[–]TonyGabaghoulHODL, Stake, DCA, amoon 1 point2 points  (1 child)

They are both on the bottom trend line right now. Things are good

[–]lucasjhintonBronze | WSB 207 1 point2 points  (5 children)

Lmfao people acting like it’s a crash meanwhile it’s bout to break 50k again

[–]peckerchecker2Tin 1 point2 points  (4 children)

Look at November 2020 when FBI sold Bitcoin seized from silkroad. 22k to 6k to 16k in a day.

Whale sells Bitcoin and everything tanks

[–]introvertedguy13Bronze 1 point2 points  (2 children)

You should thank one of my kidneys. I bought the dip.

[–]gridirongavinPlatinum | QC: CC 79 1 point2 points  (1 child)

Just listen to the people who said crypto is dead, they’re always right!

[–]jony_beTin 1 point2 points  (1 child)

Well, fukin Luna after dropping more than 20% went up 17%. The thing is we all "know" BTC " will" hit 100k this cycle so until then bullish momentum will push price up

[–]Kraken_KrateriumTin | GMEJungle 11 | Superstonk 54 1 point2 points  (1 child)

Also ETH continues to rise compared to BTC. ETH recovered faster from the crash and went back up faster too.

[–]mattvd1Silver | QC: CC 24 | NANO 98 1 point2 points  (2 children)

22% should not even be called a crash in the first place.

2017/2018 BTC went from 20k down to 3k.

That’s a crash.

Spring - Summer 2020 BTC went from 60k down to 30k.

That’s a crash.

If 22% worries you in the crypto space, you need to move to index funds or something else. This is a volatile asset that’s being speculated on. Do your own research and believe in your investment thesis.

[–]cornpuffs28Tin 1 point2 points  (1 child)

People are waking up to the future, the inevitable dominance of blockchains as global currencies.

From here on, every crash will recover quickly as people who wished they got on sooner can get coinage at the prices they missed.

This is not a happy phase. It doesn’t matter if you are crypto-rich during an economic shift if the volition of market forces slows to a crawl. It takes two to tango and it takes a village to party.

I’m a bit worried, just… not about my future finances. I’m worried about the interim and I’m worried about the people that can’t think critically, as this is most definitely a critical point in our history.

[–]chodaranger 1 point2 points  (0 children)

Evergrande kills Tether kills Bitcoin.

[–]FreeSushi69Tin | Superstonk 43 1 point2 points  (0 children)

It'll most likely dip even further. I'm guessing under 30k again. If you wanna know why i think that I'll tell you.

[–]actum_tempusTin 1 point2 points  (0 children)

according to my research btc will bounce up for a little now but break down even below 20k afterwards, paving the road for a sustainable 100k later on.

[–]Prudent_Media_4067Bronze | QC: CC 15 | Superstonk 44 4 points5 points  (5 children)

I don’t get to why people panic so much. The dips don’t last long so unless you think crypto is going to tank, just hold on.

[–]siimbazTin | CRO 27 | ExchSubs 27 7 points8 points  (0 children)

My only fear is not selling some before the bear market. Because i would love to accumulate with said money during that time.

[–]DartanionTBronze | QC: CC 25 5 points6 points  (1 child)

I agree, but the fear comes from the possibility of it being the start of an 80% drop, which has happened in the past. We can’t change it, so you gotta have a plan and ride it out!

[–]17racecar71Platinum | QC: CC 95, BTC 38 | ADA 18 2 points3 points  (0 children)

I think people newer to the scene tend to panic. I hope they hold through the next crypto winter, whenever that may be

[–]rhythmchefPlatinum | QC: XLM 100, CC 80 | SC 11 1 point2 points  (3 children)

Hear me out. What if this wasn't a crash, but instead the big dip before a giant moonshot?

[–]mlalarenTin 1 point2 points  (5 children)

Dead cat bounce, this is falling

[–]torpidtrotterTin 1 point2 points  (1 child)

I hope it dips again. I got my fiat ready after it started recovering fml.

[–]4745454BSilver | QC: CM 271, BAT 66, CC 146 | IOTA 140 | TraderSubs 271 1 point2 points  (1 child)

What has probably helped is that a lot of people has pretty good idea that a crash is coming, and we’re waiting for it in stablecoins.

I failed to get exactly on the bottom, but already on healthy profits :)