Top Bitcoin Comments on Reddit Today
Bitcoin price has dropped by about 37% since its peak on December 18th, have you heard? Who could have foreseen this.
Well, almost every Expert Advisor has warned of a correction after cryptocurrency prices have surged significantly over the past few weeks (Bitcoin hit nearly $ 20,000 and Litecoin is up 5,800% from the beginning of the year to December 12 ).
The good news is that the avid Bitcoin Reddit community is taking this well. Or … as you would expect. When I visited, over 30,000 people were on the topic, and many encouraged investors to hold on, while others tried to get humor out of their spontaneous purchases when prices were at their highest.
Here’s an example of what someone hiding on a subreddit might find today.
* It’s ok meme *
Actually, this is what we wanted.
Every silver lining
This will separate the REAL believers from the hangers-on.
Resigned
This guy bought at the wrong time.
Wives, PNG
What could be worse than bitcoin losing a third of its value? Your wife knows what you have! Laughing out loud!
Humor
Some people take it with a sense of humor (I guess they didn’t buy for $ 19,500).
Traditional investment advice is to refrain from overly drastic actions (such as selling at low prices) during a market downturn, so the advice is not necessarily wrong. But if you think Bitcoin and other cryptocurrencies are a scam , then you hate to see thousands of people patiently wait for the bubble to burst, thinking they have outsmarted everyone else.