Low volatility doesn't mean stable. Bitcoin has experienced periods of low volatility many times, however this doesn't mean bitcoin is stable, not even close. We all know it doesn't take much for bitcoin to explode, either up or down. That's absolutely still in the cards, I mean everyone is waiting for the next bull run and some people are waiting for a big crash.
It's like saying, this bomb is stable because it hasn't exploded yet.
It's like saying, this bomb is stable because it hasn't exploded yet.
I strongly agree with you Mate! you were right the bomb exploded today I hope that it does not keep exploding I already lost 8.000 $. I am trying to not fall down and cry like a little kid but is hard
. Do you have Any suggestion for us, please? or someone? I am willing to be open-minded and listen to everyone. Anything to calm the nerves like theories, explanations, vodka, cookies, rum, jokes
Haha, sorry for your loss man, I always use stop losses so it doesn't affect me as much. I'm sure if you go to reddit or even here you will find the usual, ''buy the dip'' or something along those lines but I wouldn't be so quick to do it. At this point things like dead cat bounces can easily happen and trap even more people, If you haven't sold yet, you could just place a stop loss right at the bottom of today, if you did sell, I would wait for the dust to settle a little bit before trying to buy. I'm personally waiting for tomorrow to see what kind of continuation we have.