Quote:
Originally Posted by ghak99
Those poor NFT buyers.
I kind of want a piece of this action near the bottom, but no one seems to have any idea what the low might be.
|
last time cryptos crashed, Ethereum dropped below 100 and Bitcoin fell below 5k before skyrocketing.
If this is another market play/cash grab, another big rise is to be anticipated but the timing of it would be a total guess with todays economy.
Quote:
Originally Posted by Hank Hill
So now is the time to buy?
|
2 philosophies
1) never try to catch a falling knife
2) if we are due a major correction based on 40% of the whole bear market based on peak to valley, we’re talking about a fall from 65,000 down to 22k…a 43k fall…we would anticipate a climb to roughly 40k for a correction cryptos have had in the past. Tons of risk, but no risk no reward.