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Rother (and others) - hold your cash for now. 20k USD is apparently the level many institutional investors came in at, so if it drops much below that then there will be a huge sell off.
Question though. Why does everyone assume there will be a bottom, after which it's rocket to the moon time again? I know it happened that way before but. Obviously it's nothing to do with any intrinsic value. Greater fool theory?People chasing losses from this latest crash? Surely at some point the fools get burnt so much that they stop playing? |
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