From a technical analysis perspective, that’s very true. It was obvious all of the whalecumulators’ sells were already happening BEFORE Elon Musk’s FUD, and BEFORE the China FUD. We were, OR I WAS, too bullish to see it. BUT, would I have sold if I knew? NO, only HODL!
Corrections are absolutely unavoidable.
We should call it what it truly is, not a “correction”, it was a CRASH. From $60,000 down to $30,000 in 9 days is a CRASH.
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News are support for the corrections and there market need this healthy correction for longer growth. The pandemic, QEs bring more gamblers, newbies to the market. Few days ago crash is to get rid of those gamblers. I am sorry for their loses or liquidations but it is the fact. It is how market eliminate gamblers
Sell to wait and buy lower to get more Bitcoin. If you can not speculate things as a time Traveller, hodl.
React with news and join the newbies, gamblers crowd is bad.
That’s true. Always look for something positive. In every Bitcoin market crash is another golden opportunity waiting. It was there after 2014, after 2017, and there again after 2021.
