Crypto Nightmare Continues
Goooood Morning Goldtent
Thanks for the heads up Winedoc
Bitcoin (and all Crypto Markets ) trade 24/7
In that regard it is UNIQUE
https://ca.investing.com/crypto/bitcoin
Bitcoin is down another 5K this weekend so far.
I don’t care where you bought it …You have to be very concerned and feeling a lot of angst watching this unfold.
Ah but this anal ist is not concerned…He sees BTC at $400,000 by year end…
Holy Crap
Would YOU trust an anal ist who wears an N95 mask in his Promo Photo ?
Everytime I get FOMO from the Crypto Market ….It’s passes
sheesh
We all think Gold is a volatile Market eh
This is akin to seeing Gold drop to $900 in a week !!!!
This Crypto Crasho will be good for Gold when the dust settles IMO.
Moves this large and fast signify thin markets to me.
Or at least, not deep.
Of the 21m coins, what is the scale trading this weekend?
The overall crypto market is still tiny. Outside of the maybe the top 3-4 coins liquidity is thin. Several million dollars moves the market bigly. It is an opportunity because it is the younger generation that is comfortable with tech that will be using this. They are just coming of age now. It is the only current alternative to the dollar as a universal instant medium of exchange and store of value.