Post
Topic
Board Speculation
Re: BTC movement after today flash crash
by
The Pharmacist
on 08/08/2019, 16:53:13 UTC
People really call these flash crashes now? How soft have people become.
Seriously.  But they are actually flash crashes; it's just that bitcoin tends to be this volatile as its norm, and new investors who haven't looked at a 5-year price chart may not have realized just how crazy the price swings can be. 

It is not first time I went from profit to huge minus just in few minutes. I cant understand how this can happen.
Bah.  Just hold tight and the price will return to where it was and probably higher.  Hopefully you didn't buy bitcoin right at the top, wherever that was.  I haven't been watching it too closely as of late and did not even realize it had hit $12k.  That's something else if it did, and it's probably going to head toward its ATH of $20k or whatever it was back in 2017.