You thought I was kidding when I said I am dead inside. I am a black hole. Throw catastrophic losses that would have most traders set themselves on fire and I don’t even blink. No emotion.
Experiencing a 60% drawdown within 36 hours frays your nervous system. This isn’t my first rodeo so I watch in amusement while newbies assume the fetal position on busy highways.
There is no shortcut to get here. You must burn in the fires of Crypto. A lot of Crypto Tuition got paid out tonight. Hopefully you paid attention. If you panic sold the bottom, thank you. Please drive through.
Bitcoin Cash chart, a tidy .786 fib correction. It’s bounced 40% off the lows IN THE PAST HOUR.
Riding out these swings is like riding a bicycle. I can tell you what it’s like but until you ride a bike you don’t get to experience what I’m telling you about. Now, you get to experience a crypto style correction. We do this shit right, like we invented it. If Crypto had a VIX it would be pegged at 1,000,000 right now.
It’s late and I’m tired so I’m going to do what any sane person does who is down 50% since yesterday. I’m going to bed and I will sleep like a baby.
I hope you picked up some BCH, XMR or EOS on this dip. They all got hammered. Congrats on your baptism.
If you enjoy the content at iBankCoin, please follow us on Twitter