Why are we dumping so hard for over two days straight? Is it because of the "ETH may be classified as a security" FUD? Is it because BTC appears to have double-topped at $10,000? Is it really "just a healthy correction"?
Enlighten me. I'm not as seasoned as you guys are. Serious answers appreciated.
its the end for crypto this time srsly
Serious answers only. If you do believe this, what makes you think this way? What makes this time different from the last few dumps we've had (other than the fact that it's been going on for longer).
Some retarded pussies are afraid of the sec I believe, nothing to worry about, thinking of buying again soon. Just gotta watch out for the bull trap.
its all 3 combined with some whalepool manipulation
unironically seems to be case, we'll get confirmation after the stupid meeting is over. Also a bunch of coins went 2x-3x. It's healthy for them to cool off and correct.
Has anyone been able to track down the actual timing of this meeting? Is it going on now? At 3PM EST? When? I've seen people asking around but haven't seen an answer.
WE PUMPED FOR OVER THIRTY DAYS STRAIGHT, YOU FUCKING GOLDFISH
bump
There is no meeting. Everything is dumping because Bitcoin is dumping because it rejected 10k.
No, we didn't. We had multiple red days along the way, including the very heavy retracement on April 25 that wiped out like three days of gains in 12 hours.
> serious answers only
> on /biz
This is you OP:
>Hey guys why are we dumping after pumping for more than month? Whats up guys? Is the ponzi over?
The last couple of days isn’t entirely unexpected given that BTC was up like 50% over the last month or so. I’m not too worried, since shorter trend lines have been rising over longer ones. Still an anything-can-happen market.
Literally every news station and twitter handle has been calling it a bull run and telling everyone they'll be rich if they buy bitcoin right now in the run up to 10k. What fucking idiot would buy it after 10k at that point?
Also there's literally no point in owning bitcoin other than to buy alts. "Muh store of value" is a meme and means nothing, especially when every other big cap does the same thing but with better tech. Bitcoin has no purpose, no development future and no idiots left to buy.
If you didn't sell as soon as Mscatty said the bull market had started then nobody can help you.
This rhymes too good with the top in march. If we follow the pattern, BTC will dump to 8500 in the next hours and continue to go lower in the following days.
Yeah, this is what I'm afraid of. But most people seem to be saying this won't happen - healthy correction and all. I'm not sure what to do/think.
I've been in crypto over a year, and this weekend dump, late Saturday through Monday has happened 80 percent of the time. Ffs get a grip, this exact dump happened last week. Grow some fucking balls.
>Markets only go straight up. If they don't it doesn't count as a bull run.
I'm up lads.
I bought the peak in December and traded daily to survive the crash
I'm up 40 percent or so from initial investment. I can't take another crash, do I cash out most my alts now. Or is this just a small correction
. No one knows sadly
Been here since 2014, well 2011 but I just used BTC for drugs.
This user is correct.
Buy eth and never go hungry
Sec FUD friend
Also I pass on 10 percent gains. My shitcoins have more potential