Fair enough. But its currently $9400 range. 8K could easily happen today.
That said...I am long term holder. So when it goes down heavy, I look at it as a buying opportunity. I dont trade, because I ALWAYS lose money that way.
Less than 20% drop? That's very easy to do. How many days this year alone have we seen 20% drops? And in so-called periods of really low volatility and volume? So yeah, I'm definitely on for that kind of drop but preferably right on 31 August so that I get paid at the dip for my next invoicing =D
We're all long-termers, I think few people would claim otherwise. But what's long term mean to each of us? I suspect that's very different.
BTW, don't you at least sell every now and then for needed cash?