What caused the DIP? Well so far I got the following leads: The ongoing Omicron COVID fear The FED rate cuts scare Traditional markets down Labor Shortage And the above caused a dip...... Which caused close to 2 Billion dollars in longs to be liquidated and that caused the unnatural deep dip. #crypto #dip #BTC #crash #cryptocurrency
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There are still people fearing the dip and selling their assets mean while I'm waiting for it too go down more so I can buy alot again more for cheaper ❤️😂 that's how investors see dips like OPPORTUNITIES
It fully depends on what you are holding for what reason, if you have nothing to lose it´s great if you have borrowed hoping for it to go up....the risk of another dip might make you sell instead of going bankrupt
Nope I actually save 20% of my earning here daily and invest that and by doing so for 6 months now I do have alot but till now I'm in a profit even in dip
I will be in profit forever as I made more $ without investing a single cent then I am having in crypto right now....so that is such a great feeling.... I can risk it all and never get hurt...still I want to double what I made each year and for 2022 that might be tricky but loving the game
I agree with what you say, but that indicates that cryptos are not working for what they were created. This supposed free money, in the current situation, should behave in a totally opposite way. It is not functioning as a store of value, and its high volatility only serves speculators.
It is indeed a highly speculative market...it is like the old wild west with few rules and lots of people looking for a fortune!
A healthy market has dips from time to time. If everything keeps going up and up and up, then you're setting yourself up for a massive crash.
Exactly 😌 but I still call from 57 to 41k a massive crash 😎
I call it a fire sale!
🤣😁