Quote:
Originally Posted by SnoopZ
Yes it's not good, it'll recover though it always does ... Hopes!
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This is what is wrong with Crypto.
As has been mentioned it is very easy to drop the price when someone wants like Musk has done. The big players will then buy the coin at the lower price and this in itself is enough for it to start rising again. There is a lot of insider trading in crypto. I know a guy who gets tip offs and has made a few hundred K. He keeps trying to get me interested but I live a simple life and do not really want to be rich as such