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RE: As the price plummets, others are setting up for the future
totally agree with the 'hiccup" as you've described. I believe the crypto crash has a lot to do with panic sale as well, we need to HODL. Some of the less experienced crypto traders freak when price starts to go down.
well.. it went down a lot in just a few days so the panic is understandable. Long term hodlers have experienced deeper dips though. for instance https://www.forbes.com/sites/timothylee/2013/04/11/an-illustrated-history-of-bitcoin-crashes/#744d66d54039
I agree too. It went up very quickly and there are some spooked investors out there!
Yup, which is why if you have funds on the sidelines, or funds you intend to rebalance, it all just becomes a garage sale for buying discounted coins for those of us who are long on cryptos.