• chicken@lemmy.dbzer0.com
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    3 days ago

    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.

      • supernicepojo@lemmy.world
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        3 days ago

        Past trading trends are no indication of future performance. Drawing pretty hopeful pictures on graphs is not an indicator.

        • Jean-luc Peak-hard@piefed.social
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          19 hours ago

          Past trading trends are no indication of future performance.

          100%. But that doesn’t mean you don’t take that data into your own personal risk evaluation.

          Drawing pretty hopeful pictures on graphs is not an indicator.

          As you’re side-stepping the argument, I’ll just point out BTC is back up to 107k and I fully expect it to drop below 100k at some point in the future. Anyone who has been tracking it long enough is not concerned.

        • explodicle@sh.itjust.works
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          2 days ago

          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.