[Captainwelfare2]

About 30% drop and Ill start buying. BTC $10,500 lets get this over with!

[myslowtv]

Contrarian logic is to buy when there is fear and buy a lot with extreme fear.

[VietnamSilverbakWolf]

Having lost 80% of my crypto value I’m pretty cool about any further drops. None will be remotely as bad as the money I’ve already lost. I’ve also lost horrendously on DCA which I’ve now abandoned. Good money after bad. All it will take is a third black Swan event and that will be that.

[forceworks]

Buying the dip feeling like catching the falling knife these days.

[dilly_and_dally]

The last thing CEXs (especially those with derivatives) want is stable crypto prices. They can’t earn money when there is no volatility in the market. That’s why someone needs to toss a pebble in the water to generate ripples in the market. Because of FTX incident, trading activity has increased significantly.
Fear is good for exchanges. So you should not expect crypto market to be ever stable.

[Wonzky]

>this could be a sign we’re nearing the bottom

Tbf, this has been said for like a year now every dip

[etherd0t]

Let others fear, you just do your thing, keep accumulating.
FTX out of the game is actually good for crypto: an octopus of derivatives shops and wasteful spending + all the losses = less noise supply. USDT is still questionable, but probably it’s gonna survive this time and will be the next big crash thing.

I remember vividly 2018, with BTC hitting rock-bottom somewhere in Jan 2019 (around $3.5k) , followed by three year of bullish run. I almost lost everything at that time, not gonna make the same mistake again. If 2022 is the same as 2018 – then let it be and let it run its course till the end of the year. Although, I have doubts that we’ll go down to 10k BTC; Post-Thanksgivings have traditionally been bullish, new Moon in Sagittarius + ETH seems to form a solid double-bottom at $1k with this summer lows, and with the flippening in mind it could be the long awaited launching pad for a reversal.

[ODonThis]

Still way up from when I got into it. 6 year lows would be absolutely nuts.

[TheOtherCoolCat]

More pain is coming because we’re here to suffer.
Jokes aside. There’s still ripples from FTX so we still not sure when this is gonna end

[Fresh-Chemical-9084]

Username checks out

[dkbowl02]

I’m only fearful of not buying enough.

[colorgreens]

Pain will always come as long ad biden is the president of the United States

[Tonijran]

Instead of the “rain man”, they call me the “pain man”

[Gossipmang]

I’m scared

[Digideegs]

Didn’t another story just come out today that another platform needs 1 billion asap or they’ll file for bankruptcy? There’s still room to fall imo

[bobzor]

Yes, but not soul crushing fear. But I think we’re getting there.

[Author]

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