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10662936 No.10662936 [Reply] [Original]

Are alts continuing their plunge because people who bought at what they thought was the bottom are selling at a loss?

>> No.10662985

Its because people aren't buying, the bleeding is a low volume sell.

>> No.10663002

>tfw all-in selfkey
I'm gonna kms

>> No.10663010

>>10663002
Shit bro I'd get out at least partially. Go look at some charts of coins that were above 100 sats and then what happens when it breaches it

>> No.10663033
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10663033

>>10663002

>> No.10663045

>>10663010
yeah I know, no need to spook me I'm already spooked. Thought about getting out at 100 sats last night but saw BTC making a recovery so I thought i'd hold. oh well, feels relieving to know I'm actually fucked. I can let go now.

>> No.10663109
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10663109

>>10662936
So we have all these alts currently at support. But there's a problem, BTC must hold 6K, because if it makes a serious move down, all those alts lose their support and it's not very clear where their next support is. So some people exit their alts to leave completely, some people to put it in BTC because they believe is more stable and the bots look at their shit and go into sell mode. But in the end the real problem is that the money isn't in the strongest hands and buyers are getting shier.

>> No.10663226

>>10663109
it literally doesnt matter what BTC does, alts will continue their fall. and this comes from someone whose all-in alts. get out now. dont be like me

>> No.10663246

>>10662936
maybe. normies can influence dumps rn. orders aren't there to soak them up