Huge drop in crypto today

[LifeIsACope]

Is this the drop you all were talking about? do we buy now or wait for an even bigger drop

 

[fuggg]

it wont drop much lower than it is now, the bigger question is whether it stays low for a few years or if it shoots up again very soon

 

[Pumanator]

There goes a another resistance point. A 50% isn't a correction it's a crash and it may take years to recover. Perhaps it's even dead now.

 

[Deleted member 206]

Nuke china asap

 

[Patient A]

it wont drop much lower than it is now, the bigger question is whether it stays low for a few years or if it shoots up again very soon

You were saying?

 

[fuggg]

You were saying?

nobody expected the resistence points to break

 

[Deleted member 14024]

DCA’ing in with small amounts might be a good idea right now.

 

[LifeIsACope]

DCA’ing in with small amounts might be a good idea right now.

sorry brother what is a DCA

 

[Deleted member 14024]

sorry brother what is a DCA

Dollar cost averaging, (buying at the same time every week to reduce risk).

 

[Gaia262]

Is this the drop you all were talking about? do we buy now or wait for an even bigger drop

It will continue to drop we got another 50% correction coming, don't buy untill bitcoin hits below $20k.

The bottom for bitcoin will be $10k-$20k

 

[looksmaxxtocope]

DCA is a good idea. I don't see it going below $20k though

 

[ReignsChad]

 

[eduardkoopman]