I guess all those people eventually bought into the last dip just to find out the dip keeps dipping.
I expected a lot of pain last year. I expected a 25K Bitcoin, but I didn’t expect that much liquidations of institutional money. Looks like we could easily see another 50% drop due to
Inflation Warmongering between NATO and Russia (still) overleveraged cryptomaniacs Unclear situation of regulation
The only good news I take from that is that scammers and greedy gamblers get rekt, too so there is a chance to read less shitposts.
I keep HODLING and recommend you to do so if you are already onboard. To newbies I would recommend to run as fast as you can because you might as well get hit by falling blocks.
submitted by /u/oneawesomewave
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