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49610899 No.49610899 [Reply] [Original]

Howcome today btc/eth drop more than alts, even shitcoins dumped less

>> No.49611435

>>49610899
all the fake money getting squeezed out so that only actual hodlers have coins before all the jews exit the real market and enter crypto at the bottom before the normie markets actually dump

>> No.49611501

>>49610899
Good question. Sometimes it happens, like a smaller anomaly. I want to see it for a few days before I look deeper

>> No.49611532

>>49611501
alts already got squeezed for degenerates the only fake money left is large and in real coins like eth btc

>> No.49612315

>>49610899
Because everything )for now) except btc eth is illiquid meaning whoever didn’t sell their shitcoins its forever a bagholder since their pairs have no money to get out of it therefore they cant sell therefore the pairs price doesn’t drop

>> No.49612354

>>49610899
all the alts are already at -85% to -90% from ath
not the case for BTC and ETH

>> No.49612378

>>49610899
Alts have already dumped hard this cycle

>> No.49612451
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49612451

>>49612315
funnily enough, this is the right answer

>> No.49612463

>>49610899
No one is selling their alts at these shit prices

>> No.49612495
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49612495

>>49611435
Pretty much why unironically I still feel comfy holding and staking $lace, because it's still somehow above my entry and then I can claim out all the benefits once we're bullish again.

If Maren claims there's going to be a bigger value shoot up soon, then there will be a chance for me being able to get my staking rewards out, right? right? or should I not be so comfy about it?

>> No.49612521

>>49612495
I'm worried if I withdraw now, I will get nothing for my bags

>> No.49612580
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49612580

>>49610899
>mfw all I own are shitcoins and 20% dumps unphase me

>> No.49612586

bros when do I invest my measly 200 shekels

>> No.49612630

>>49612315
this. Every shitcoin's liquidity dropped massively after the Celsius scam/debacle

>> No.49612642

>>49610899
same number of retards, but more leverage. in a reversal, that hits harder.

>> No.49612658

>>49612586
i've been DCAing since last week, small buys every few days. timing the market/time in the market and all that - even if you don't hit the bottom, it's going to climb if you can hodl

>> No.49612685

>>49612586
when there are no more large debts falsely influencing the spot price of crypto

>> No.49612778

>>49612658
>>49612685
based, what would be good to slap some money into? is it even worth to put down a 100$ in btc or eth? or do i take the shitcoinpill?

>> No.49612861

>>49612778
if all u have to waste is 100 put it in doge

>> No.49613287

>>49610899
because ALT/BTC and ALT/ETH pairs have been absolutely buttfuck annihilated over this drawdown and are far too oversold to keep going. Their negative movement against the dollar was particularly amplified by also being killed on their BTC and ETH pairs... you have to remember that many alts are traded against BTC and ETH. They naturally hit oversold levels far sooner than BTC and ETH themselves, in theory. So BTC and ETH have plenty room still to go down more but other alts don't. To see what I mean, look at the RSI levels on BTC or ETH compared to lesser alts.