cm0002@lemmy.world to World News@quokk.au · 1 day ago‘Doomsday Scenario’—Bitcoin Suddenly Drops Under $100,000 As Crypto Price Crash Fears Hit Ethereum And XRPwww.forbes.comexternal-linkmessage-square14linkfedilinkarrow-up1115file-text
arrow-up1115external-link‘Doomsday Scenario’—Bitcoin Suddenly Drops Under $100,000 As Crypto Price Crash Fears Hit Ethereum And XRPwww.forbes.comcm0002@lemmy.world to World News@quokk.au · 1 day agomessage-square14linkfedilinkfile-text
minus-squareCruxifux@feddit.nllinkfedilinkarrow-up63·1 day agoDoomsday scenario seems a little dramatic.
minus-squareAlk@sh.itjust.workslinkfedilinkarrow-up36·1 day agoDoomsday for the people who went all in lmao
minus-squareauraithx@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up2·1 day agoAt all time high maybe? Otherwise you’re up a multiple still.
minus-squareBrave Little Hitachi Wand@lemmy.worldlinkfedilinkEnglisharrow-up20·1 day agoIt hasn’t seen these lows since, gasp … Earlier this month? Smells like someone was over-leveraged.
minus-squarechicken@lemmy.dbzer0.comlinkfedilinkarrow-up13·1 day agoFor cryptocurrency if it isn’t dropping by 15% or more in one day I don’t think you can really even call it a crash.
minus-squareJean-luc Peak-hard@piefed.sociallinkfedilinkEnglisharrow-up10·1 day ago Bitcoin’s dropped way more
minus-squaresupernicepojo@lemmy.worldlinkfedilinkarrow-up2·21 hours agoPast trading trends are no indication of future performance. Drawing pretty hopeful pictures on graphs is not an indicator.
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up2·8 hours agoIt’s not a guarantee but is an indication. In general, the more times something happened in the past, the more likely it is to happen in the future.
minus-squareduckythescientist@sh.itjust.workslinkfedilinkarrow-up7·1 day agoEspecially considering it’s back above $100k currently
Doomsday scenario seems a little dramatic.
Doomsday for the people who went all in lmao
Buy high, sell low.
That’s what I always do.
At all time high maybe?
Otherwise you’re up a multiple still.
It hasn’t seen these lows since, gasp
… Earlier this month?
Smells like someone was over-leveraged.
For cryptocurrency if it isn’t dropping by 15% or more in one day I don’t think you can really even call it a crash.
Bitcoin’s dropped way more
Past trading trends are no indication of future performance. Drawing pretty hopeful pictures on graphs is not an indicator.
It’s not a guarantee but is an indication. In general, the more times something happened in the past, the more likely it is to happen in the future.
It’s a reality check
Especially considering it’s back above $100k currently