12-05-2021, 12:31 PM
With such strong recovery, have we reached a point of no return?
<!-- SC_OFF --><div class="md"><p>I'm fairly new to crypto and this was my first crash/dip. Reading the comments I've realised that we still have paper hands who are willing to sell despite losses. However, the sudden recovery has definitely startled many like me. We were having thoughts about the dip being deeper however it jumped back rather spectacularly. Does that mean there's a high chance that even if it crashes in the future, it would have even higher chance of bouncing back up? I know this is a simple hypothesis but any person with technical knowledge might be able to answer and I'd be delighted to learn whether people are trusting crypto more than ever now. Also, yes, I bought the dip.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/veniato"> /u/veniato </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r99r6q/with_such_strong_recovery_have_we_reached_a_point/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r99r6q/with_such_strong_recovery_have_we_reached_a_point/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I'm fairly new to crypto and this was my first crash/dip. Reading the comments I've realised that we still have paper hands who are willing to sell despite losses. However, the sudden recovery has definitely startled many like me. We were having thoughts about the dip being deeper however it jumped back rather spectacularly. Does that mean there's a high chance that even if it crashes in the future, it would have even higher chance of bouncing back up? I know this is a simple hypothesis but any person with technical knowledge might be able to answer and I'd be delighted to learn whether people are trusting crypto more than ever now. Also, yes, I bought the dip.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/veniato"> /u/veniato </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r99r6q/with_such_strong_recovery_have_we_reached_a_point/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r99r6q/with_such_strong_recovery_have_we_reached_a_point/">[comments]</a></span>Kind Regards R