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Wake Up Call....
25
@dagger212
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1 min read
The bears are giving everyone a rude awakening this morning. Bitcoin has taken a "quick" $10,000 (>20%) drop in the last three hours, dipping below $50,000 to around $48k. It has since rallied back above the $50k level but it just shows how fast it can happen. As I've stated in the past, make sure you are taking some profits on the way up, especially in your alt coins. ETH wicked all the way down to $1550.
Personally, I don't feel like we're entering a bear market or anything. It could go lower, or not. But it IS a stark reminder that as fast as it goes up, it can go down even faster. If you believe in it long term, buy the dip.
As always, just my opinion. I'm not a financial advisor....
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