I'd say we're overdue for 30% correction. But I don't condone it.
It would not surprise me..
I wouldn't even mind it tbh
Me neither, only what would trigger it?
Profit taking? Today one year ago Bitcoin was $580. That's 8X your money.
Profit taking would not trigger, you do that carefully, not to kill the goose with the golden eggs... .
I just thought about all the whales and if a big shot decides to liquidate his positions. But then again I don't know what the consequences would be.
What was that in January? Did the Chinese sell their Bitcoins because it was the new year? That was a ~30% correction and I was in the middle of it. If something like this happens again we have our impending doom moment.