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The effect of a stock market correction/crash on cryptos? 4 replies
DislikedI feel bad for those who took out mortgages to buy BTC at or near the peak. God save their souls.Ignored
DislikedIt is not only Bitcoin. Basically the whole Crypto market is in a free fall today. Most likely profit taking before Christmas. https://coinmarketcap.com/ {image}Ignored
Disliked{quote} The wise ones will have got out before today, because the signs have been there for a while.Ignored
DislikedA bounce from 75% swing retrace. If it doesn't hold here down to $5000 eh heh heh heh {image}Ignored
Quoting OneOracle;10617425[BDisliked]Bitcoin is not crashing.[/b] I have seen this many times ... relax. Since 2011 Bitcoin was declared dead at least 100 times by the gurus. {image}Ignored
Disliked{quote} Your post is redundant - Bitcoin crashed. A 45% loss inside a week is a crash in any market. No one said it was dead, I never did. I said it would likely crash back on December 8th here on ff, and it did. It can now continue to be bought back up again to higher levels, or it can fall some more. If you had read my original post, which obviously you did not, you would have seen how I defined ' crash ' in this context..... " Bitcoin is so far above its Daily 200 day simple and exponential moving averages now, that it seems impossible to me...Ignored
Disliked{quote} Your post is redundant - Bitcoin crashed. A 45% loss inside a week is a crash in any market. No one said it was dead, I never did. I said it would likely crash back on December 8th here on ff, and it did. It can now continue to be bought back up again to higher levels, or it can fall some more. If you had read my original post, which obviously you did not, you would have seen how I defined ' crash ' in this context..... " Bitcoin is so far above its Daily 200 day simple and exponential moving averages now, that it seems impossible to me...Ignored
Disliked{quote} You are unnecessarily harsh. Different people have different opinions. Thats what a forum is for: Discussing and sharing different thoughts. You should respect that, instead of getting down on him and make him shut up. It was predictable that after such a year of exponential growth, investors are cashing out at the end of the year before the holidays. .Ignored
Disliked[...], he was attempting to demonstrate, after the event, how smart he is.Ignored
DislikedLast week's 45% fall was predictable was it? Show me then just where you predicted it here on ff during the past couple of weeks, and I will show more respect than I am currently giving you.Ignored