Post
Topic
Board Speculation
Re: BTC movement after today flash crash
by
Slow death
on 06/08/2019, 16:56:41 UTC
Hello,

what do you think after today flash crash of BTC from 12300 to 11600. Will it get back on bull trend and get over 12k again or will it slowly fall back to 10k?

I am really tired of these crashes. It is not first time I went from profit to huge minus just in few minutes. I cant understand how this can happen.

S.

you need to understand this:

This is a market, we have buyers on one side and sellers on the other.

Imagine that I buy 100 BTC for $11600, so soon the price goes up to $12200 and because I bought when the price was $11600 I decide to sell for $12200 and the price drops back to $11700... You don't have to be sad about it or disappointed about it... because that's how the market works.