Observing The Drop For What It Is

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Blood in the streets!

We are all seeing red in today's cryptocurrency dip, but I've taken a moment to observe the drop and it's helped with the anxiety and uncertainty I've felt in the past.

If this is your first major dip, then my heart goes out to you. If not, you probably see this as more of an opportunity than anything.

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My Reaction Today

When Bitcoin hit $20,000 (on some exchanges), people would have given anything for an opportunity to buy at $11K. Hindsight is naturally 20/20. Now that we are actually at these numbers again, people tend to break out and panic sell at the low.

I understand that this feeling is natural and occurs for a psychological reason, but it still confuses me. But hey, I'm not complaining...I'm one of the people they are selling to, so kudos!

This is not financial advice and shouldn't be treated as such. Just one man's opinion.

Photo captured and edited by me.

Bradford Tennyson


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Observing The Drop For What It Is | Ecency