this post was submitted on 23 Jun 2025
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Doomsday scenario seems a little dramatic.
Doomsday for the people who went all in lmao
Buy high, sell low.
That's what I always do.
At all time high maybe?
Otherwise you’re up a multiple still.
It hasn't seen these lows since, gasp
... Earlier this month?
Smells like someone was over-leveraged.
For cryptocurrency if it isn't dropping by 15% or more in one day I don't think you can really even call it a crash.
Bitcoin's dropped way more
Past trading trends are no indication of future performance. Drawing pretty hopeful pictures on graphs is not an indicator.
100%. But that doesn't mean you don't take that data into your own personal risk evaluation.
As you're side-stepping the argument, I'll just point out BTC is back up to 107k and I fully expect it to drop below 100k at some point in the future. Anyone who has been tracking it long enough is not concerned.
It's not a guarantee but is an indication. In general, the more times something happened in the past, the more likely it is to happen in the future.
It's a reality check
Especially considering it's back above $100k currently