When I see all the mentality of “Should I buy”, “where to invest”, “buy the dip (even no correct English)”, “where lambo”, “1 million versions of moon” I understand that 90% of the people here have no understanding of the financial market, what is going on here is no bear or bull marketed its caused by the USA on purpose if you check the dollar chart you will see that it is massively decreasing, in the last few months there were more and mor crypto millionaires, people in the system without the education do not knew what investing is, they just wonder why everting got more expensive.
But what did happen, as said, is no correction…
US causes a blackout in the chinese province Xinjiang where 40% of the total global crypto hash rate is originated from, those down kick triggers a lot of stop loss warning and therefore resulting in a quick massive dip, on top to that the US government posts an additional tweet, that they will fine crypto exchanges for money laundering (fine, no investigation!) this resulting in the second dip, further they push information that countries will forbid crypto exchange (3rd drop).
We are now on a historical point, you have to decide yourself if you see see a future with crypto then there is no reason to sell, buy even more. But if you think the developed system is the right one then short the market as massive as you could. There will be no in-between, in the long way without clearly have a position you will harm yourself.
Have a happy trading day, and always enjoy live.
Cheers
by @Morrigan200
#etoro #btc bitcoin cryptocurrency trading investment