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Fishman # Fishhouse
Crypto Newbie
4h ago
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That's fucking brutal! Ethereum's volatility these past few days is practically indistinguishable from altcoins. Last night it plummeted to around $2100, a 50% drop in just a few days! Bitcoin almost broke the $70,000 mark! From its high to its current price, Bitcoin fell from $126,000 to around $72,000, a drop of $50,000 per coin, or about 350,000 RMB per coin. Ethereum, on the other hand, fell from around $5,000 to around $2,100, a drop of about $3,000 per coin, more than 100%. This shakeout has been incredibly brutal, wiping out many large investors, including some institutions and market makers. Nothing lasts forever, and nothing lasts forever either. Look for opportunities to gradually build positions. Remember, never touch altcoins; altcoins have no bottom.
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