Post
Topic
Board Altcoin Discussion
Re: What goes up must come down
by
Falconer
on 11/07/2021, 08:43:08 UTC
There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared
The term '"Take Profit" is the right of everyone to take profit from every coin that has been invested within a certain period of time. But you don't need to be pessimistic about things like this because it's a normal condition when someone takes profit at a predetermined price target. The market will have no effect in the long term but the price will recover quickly when Fomo crypto is trending again.