So crypto crashed because of an explosion in a Chinese coal mine...

Mitchdubai said:
Stock market is massively overheated. When it takes the inevitable enormous shit soon, that money has to go somewhere.
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yeh bro market crashes every jumps into crypto then they pull the rug on that and all these penny bagholders are -800% like last time lol.
 
You can predict to a certain extent...but at the same time there are curveballs that get thrown at the world that shit on predictions and then it becomes a matter of preparations for contingencies.
 
Crypto tends to run away from the traditional markets when things are good or going sideways. When traditional markets dip, crypto takes a huge shit.

BTC took a huge 60% shit for COVID, compared to around 30% for FANG. I suspect its because crypto is highly liquid, and holders are more easily spooked due to the higher volatility of the market.

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now that there is all the new money in the stock market i think that panic selling trends may start mimicing the crypto panic selling. its almost 100% win when you buy when any panic sell happens.
 
yeh i was about to say you sold perfectly because had you not it would have been shit city for you. And its leverage so... congrats
 
Zanthious said:
yeh i was about to say you sold perfectly because had you not it would have been shit city for you. And its leverage so... congrats
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Nah man. I closed it because I didn't wanna sleep on it. If I slept on it, the price crawled all the way up to $39. I would've made tens of thousands if I let it sit overnight. But thats ok.
 
Buy and Sell positions here:

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If I held till an hour ago, I could've bought a new car :lol:

Maybe tomorrow.
 
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