Quote from: isaac_clarke22 on April 02, 2020, 06:55:51 PM

Quote from: cytpoway121 on March 29, 2020, 03:43:55 PM

Quote from: Peanutswar on March 29, 2020, 02:41:38 PM

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Whales aside, we should not forget that bitcoin is not exempted from dumps.
The pandemic shook the world, forced people to rush in for fiats, and investors got in at chance and bought low,

When it comes to bitcoin prices, or altcoins there will always be whales, and theres a saying that states that it is good to buy low, so when you sell high, you will be in great profit.

Dyor, and get your trade basics intact.

It's insane actually.
There were a lot of people panicking already to cash it out to their fiats.
I thought that the panic would just only stay on the buying of needs of people like alcohol and all of the basic commodities, but dang I didn't expect it to reach in here actually, while I expected only the point that there will be panics due to the price fall we got lately.

They needs a lot of foods to be stored and that makes people are also trying to throw anything for fiat to buy more food from the market. When we are facing crisis and people will prefer to hold fiat to be used to buy their daily needs. That's why such a big dump is a usual thing at that time consider so many people think about how to survive.