Anyone glad the crash is happening?
Anyone glad the crash is happening?
I believe in Bitcoin. I believe one day it will reach into the hundreds of thousands dollars. With that knowledge, I want to buy as cheap as I can. It is surely a blessing ! Too many moon boys and shitcoin shills when bull market is happening good they are getting flushed out leaving only the dedicated left to prosper rightfully so. Would love to buy at 20,000$ or less.
A crash like this is not good for Bitcoin so I hope people would stop posting this. I guess there is a big crowd with just 5.99 invested who doesn’t feel the loss but more the opportunity. Which is fine.
Just waiting for it to hit blue on the rainbow chart.
Bitcoin isn’t mature enough yet, it’s currently not fulfilling any of its promised potential, it is neither an efficient currency, nor a good store of wealth……maybe in the future, but Bitcoin and other Crypto’s stand to take a beating as people try to pay rent or their mortgage, or buy food. The promise of wealth will need to be put on hold as people need money to get to their actual jobs.
I don’t think it’s regular people selling. A drop like this is due to liquidation which happens when someone bought on leverage. E.g. hedge funds.
Kind of sad that people are being forced to sell their bitcoin to buy essentials, inflation is forcing people into the grasp of fiat