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RE: Bold Statement: We Are Headed For The Dead Cat Bounce (A Must Read For Every Steemian)
Awesome analysis that we really need to hear sometimes, especially in a sea of non-stop positivity and bullish attitudes. I think I might sell 50% of my Holdings and take some profits now.
Thanks for the comment.
Yeah a lot of stuff I see out there is always "Buy the dips" and "This is a good opportunity to buy" And oftentimes that can be true to a certain respect but I can tell you that in the last crash in 2013/2014 everytime you thought that there was a solid base forming and that it was going to recover it would ultimately just keep going down. It wasn't fun at all.
As fast as this is falling and the Chinese could be just waking up to more news and start fire selling.
It might got under $2,500 real fast. But I really don't know. Do what you think is best for you.