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RE: Anyone angry or depressed yet?
Being emotionally attached to any investment can lead to poor decision making. Crypto sell off pre global crash is a sign of long term strength to me, but things will probably tank for awhile before they go 2017 x 10
Interesting, why is it a sign of strenght to you.
Yeah emotions and investing should be not mixed but way easier said then done
Because there is weakness beginning to show in the bigger markets. Would make sense to me to suppress crypto & or crash it with the stock & bond markets so as to not create a perception of safehaven yet. Creates a fire sale to gain more control of crypto’s before the next big shake up. Similar to how gold & silver traded down during the last crisis
I think most of the money is still from retail investors who rather get their money out of crypto than stocks etc.
Not sure if Crypto is this much of a safe heaven yet.
The fact that Bakkt got postponed is a bit suspicous though...
I think the retail effect on crypto has been mia since futures started trading. & lately there have been some big anon wallets playing with big market orders. Seems like big bank action to me