RE: When Will The Last Idiot Sell Crypto?
Until we get rid of all weak hands as you call them “idiots” the crypto might go even lower. I have been saying this for the last several months. We might get this flash crash, then we finally get rid of the last seller. I suspect for it to happen very quickly since it would mean break of very significant support. If we get to this level of $5k I would use most of my cash I still have put aside and add to my portfolio. Recently I have been adding to my portfolio as well. I remember when you called the bottom, we are still around this level, but not much is happening. I just feel we still didn’t hit the bottom. Once I see huge spike in selling and then immediately huge spike in buying with record high volume, then I would start believing we finally hit the bottom. Right now no matter how great news we get, we still keep going lower. We must be patient, patience always pays off. Inpatient people are always losers. Cant wait for you to finally get those 2.5k followers, it will be exciting.