Anyone else feel relief from the current drop?

Cryptocurrency News and Public Mining Pools

Anyone else feel relief from the current drop?

I have been looking at all this crypto green like I would a balloon my kids are pumping up way past safe size.

I was waiting to see it pop and now that it has deflated somewhat I damn happy because it flushed out leverage and provided a good reality check on how bubbly it all is.

It seems to me that its not yet as bubbly as I had feared and that this balloon might still have more space to get pumped.

A five percent drop is not much for crypto as such, but its was a needed little cleanup and test as far as I am concerned.

The way up should better be intercepted every week or two by some corrections of this size just to check out how stable our foundation is.

Thoughts?

submitted by /u/DecoupledPilot
[link] [comments]