An alternate belief if there’s a crash
So the majority the community seems to think that if there is a crash that we won’t see as much of a sell off as the last few cycles because of the Robinhooders and institutional investors.
I am very contrarian in this. I think it’s going to actually much worse, and much faster than last time. This isn’t FUD, this is just based on history.
If there is another global event (new Cold War turns hot, Euro blows up again, massive bank failures etc.) I think we will see the institutions dump as fast as possible to raise liquidity and capital. I can foresee all the trading bots and options get blow the hell up from a collosal dropping of BTC on a level we haven’t yet seen.
Just a reminder; Pigs get fat and hogs get slaughtered. Don’t be afraid to take some profits before you can’t. I’m not saying sell it all, but I am saying don’t assume you’ll be able to get out when you want to. Personally, I look forward to the despair phase of this cycle. Will buy like never before.
Not Coinancial advice.
submitted by /u/CaptainWelfare
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