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Crypto dipped into a Mariana’s trench!

PrimalPrimate

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I just did my daily portfolio look and… 😠

Anyone know why the sudden dip??

I’m probably going to buy more and hodl, what ya animas think?
 
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allnatural

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I believe the US govt talked about possibly regulating the crypto markets. I think it is a good thing in the long run. The more stable BTC’s price becomes the more likely to be accepted as a universal payment.
 
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SRx

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@allnatural government involved in crypto sounds like a terrible plan
 
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Gettingolder

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Worst thing you can ever hear in life is " I am from the Government and I am here to help you"
I can see a ton of crypto Millionaires losing everything well anyone owing crypto will loose out if the Dems get involved cause it will be taxed so fucking high and have to jump through so many hoops to stay in business let alone grow and refine the currencies.

Nobody gets to fuck with the debt standard banking model or the petrol dollar.
 
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Jbhulk58

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Safemoon to the moon!!! Gotta HODL. Everything took a dive. Portnoy is on board. Ready to start going up!
 
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chuckynoars

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It’s a combo of things. Elon Musk’s bearish tweets, China implementing crypto regulations, rumors of other state regulations, whales cashing out, and the feedback loop of panic selling from dipshit speculators who don’t know shit about the technology and probably couldn’t even tell you how a blockchain works.
 
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Dabearz

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Fuck janet yellen. Simple as that
 
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IronFox

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Safest bet is buy some more on the dip and hodl!
 
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