Quote from: bitgolden on Today at 06:18:02 PM

Quote from: goinmerry on November 08, 2022, 11:24:34 PM

Quote from: Famous Grouse on November 08, 2022, 08:45:22 PM

Today's move might take 1 month to achieve, but FUD makes it happen in a day

That's why it is called FUD. A specific term is being made just for that. FUD is already part of the crypto for a long and depending on how strong that FUD is, it can really trigger something unexpected. However, if there's a FUD that can be considered a big deal, there's also a non-sense FUD that can't even trigger small actions. Such FUDS are being ignored.

That's how the market behaves since then. Take it or leave it, you decide.

Thank God, there is also FOMO, because it means for a whole month it could look bad and then one day it will go up like crazy. Just exactly what has happened right now, but the opposite version where the price goes up.

I know not many people are fan of the drops, but these drops make sure that people who wanted to sell to begin with will be out, there will be plenty of support and all broken so that people who are actively trading would get rid of the ones that are keeping us low, and they could take us higher when they want to. The "ammunition" of the market is liquidity and the better it is the better we will be. I believe this drop will give birth to great things.

Experienced wise, this kind of drop gives traders a good overview on how they will take their next position, some may collect more while the value sill in a sale price, we know riders will not appreciate what is happening inside the market but for most long-term investors and traders they are fully aware that this is a good opportunity for them to grab more and add a decent amount of funds to finance their investment,.