Post
Topic
Board Speculation (Altcoins)
Re: AND YET ANOTHER FALL; A dip or A dump.
by
7788bitcoin
on 19/08/2021, 21:35:52 UTC
Are we are overreacting?  Grin
It's not new to us, we even see a lot of bigger dump than that we are seeing now, so it's just a matter of familiarity to the market and trust that the market will recover again. Bitcoin just falls 3.57% in the past 7 days, so it's not really a bad thing as it could sometimes pump more than 10% in just one day.

It's a normal day for us.
We are living in a time when there are more snow flakes than we had for decades and hence these over reaction is a common theme for the past few years and we think that it is normal to over react because we have seen crashes where the market would move over 20% in a day and more during the past rallies and now we are still riding a huge momentum and for me anything above $19k is bullish and we might not even know whether we will see those lower valuations ever again.