12-04-2021, 03:23 PM
This is not a DIP, this is a crash.
<!-- SC_OFF --><div class="md"><p>So many people on here are just giving the absolute worst advice right now.</p> <p>The amount of times I've seen on threads where people call this a "dip", no, this is a crash. Bitcoin losing 20k in value over the past few weeks, and over 10k in over a day, is a <strong>crash</strong></p> <p>People who say "buy the dip" on this subreddit are literally in it for themselves, they hope that people will see their hopium-titled thread and suddenly the market will go back to normal.</p> <p>That's not how it works. This subreddit does not control the market swings. Whales do. Financial institutions do. Early investors do.</p> <p>We have no influence over this. Please stop telling people "it's just a dip", it's not. This is a crash.</p> <p>How much more it will crash? 100% no one knows. But yes, this is insane price action right now.</p> <p>Yes, we're still up a lot since the middle of this year, but that doesn't make this less of a crash since the ATH.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Penguin-Gynecologist"> /u/Penguin-Gynecologist </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r8ikxq/this_is_not_a_dip_this_is_a_crash/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r8ikxq/this_is_not_a_dip_this_is_a_crash/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>So many people on here are just giving the absolute worst advice right now.</p> <p>The amount of times I've seen on threads where people call this a "dip", no, this is a crash. Bitcoin losing 20k in value over the past few weeks, and over 10k in over a day, is a <strong>crash</strong></p> <p>People who say "buy the dip" on this subreddit are literally in it for themselves, they hope that people will see their hopium-titled thread and suddenly the market will go back to normal.</p> <p>That's not how it works. This subreddit does not control the market swings. Whales do. Financial institutions do. Early investors do.</p> <p>We have no influence over this. Please stop telling people "it's just a dip", it's not. This is a crash.</p> <p>How much more it will crash? 100% no one knows. But yes, this is insane price action right now.</p> <p>Yes, we're still up a lot since the middle of this year, but that doesn't make this less of a crash since the ATH.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Penguin-Gynecologist"> /u/Penguin-Gynecologist </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r8ikxq/this_is_not_a_dip_this_is_a_crash/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r8ikxq/this_is_not_a_dip_this_is_a_crash/">[comments]</a></span>Kind Regards R