RE: Bitcoin Tanks to $10,000 - Buy the Dip!

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Bitcoin Tanks to $10,000 - Buy the Dip!

in bitcoin •  7 years ago 

What I really like about your take on bitcoin is the diversity that you seem to use. Knowledge from like-events from the analog markets have really helped me understand the movements in price, but this is clearly a very different space. We are still in the wild west when it really comes down to it. It's fast and easy to move money to different exchanges and between coins.

The crypto space as a whole is more of an ecosystem than any traditional market. The speed with which the "liquidity" readjusts is dynamic and fluid across the world markets.

For me this is a short-term buy opportunity with the intent of selling out before it hits 20k again, then waiting for another event like the Coinbase BCH debacle.

Thanks for the honest take on this space. I apreciate the effort and balanced take on BTC and crypto-space.

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That's very kind of you - thank you. Hope you stick around.