BITCOIN PLUNGES BY 40% IN A SINGLE DAY.
IS IT A PONZI? IS BITCOIN A SCAM?!
I opened my screen this morning only to see almost every single coin down by 30% - 40%. EVERYTHING WAS BLEEDING RED.
Not even the oil crisis previously did we see such a massive tank overnight in terms of percentage losses. But in the world of crypto, this isn't the first time.
Someone I know lost half a million ($500,000) overnight thanks to this crash. Can you just imagine that? Can you stomach the risk?
The funny thing is, he wasn't even the least scared. In fact, he was happily enjoying his holiday and not even checking the charts.
Whereas a lot of those who recently invested in Bitcoin / cryptocurrencies be like
I'm like
Speculators be like:
Whereas I'm like:
When Bitcoin was at $19k folks were saying it was too high and ......