Sunday, April 18, 2021.
Bloody Sunday in this context doesn't depict any of the various historic massacres and violence on people which led to deaths and injuries to the victims.
Here we are talking cryptocurrency.
Have you visited any of the cryptocurrency exchanges or charts today? All you will see are reds. Everywhere is bloody.
From BTC to ETH and shitcoins, not even our beloved Bitcoin cash (BCH) was spared.
What a Massacre!
Buy The (F*******) Dip (BTFD)
Many crypto investors see these dips as an opportunity to add more to their assets. What are you buying?
For me, I will add more bitcoin cash to my BCH assets, as I'm confident it will continue to soar when the market eventually recovers.
Whatever you are buying - don't blindly scoop up just any of the altcoins because the price has fallen the most do well to explore the fundamentals behind each coin (DYOR) so you don't end up buying into longer term declines.
Worst crypto market dump ever?
Cryptocurrency is well known for its volatility, but have most coins dip at the same time... Could there be a reason for this?
Whatever the true reason for the massive dip, we know one thing for sure — the markets will eventually recover.
Buy more Bitcoin Cash now!
The future of bitcoin cash is rosy and at some point you will wake up to realize that it is the best asset the world has seen. Until then, opportunity abounds.
I believe a lot of BTC options have come due and a lot of people are selling off their options for a quick return. I've also learned in the cryptoverse what BitCoin does all others follow. So as BitCoin drops, so do all the others.
I also believe they will go back up over the course of the next few days/weeks.
I hope.