i've been semi lurking for 5 years nowwhy do people lose their shit every day over 3% swings on BTC/eth/link etc. are you all leverage trading
>>61259795bitcoin is down $400 billion in a month, alts are at bear market lows. I hope this helps
>>61259795>3%Eth went 29% down from past week nigga
>>61259809>>61259816yeah but i'm talking about swings not doopas and poopas
>>61259816>cherrypicking the timeframe
>>61259809Bitcoin liquidity is deeper now, alts just don't have the same depth as bitcoin
>>61259834Could you be more specific? I'm not sure whether I've just read an explanation of market mechanisms or description of your mother's throat.
When moon sir?
>>61259833Because this week is such an obscure time frame? Okay, then it went down 9-10% in the last 2 days straight, faggot.
>>61259866It's market mechanics, my bastard. If you have a pool of water, taking out water using a bucket doesn't move the amount of water in the pool by much. Do the same with water in a bathtub, and it has significantly more impact because there's less volume/depth
>>61259964funny how you ignore the part where it recovered interesting
they are all 15-21 years old with no emotional regulation skills or good judgement
>>61259795>are you all leverage trading
>>61259795>>61260348>3% swingsYou guys got pee for brains. This is a pretty large swing for any of us with sizeable portfolios.
>>61260446see >>61259833
>>61259795All they need to do is just zoom out a little
>>61260474I don't understand your point. I'm down 33% on the monthly right now what about that is cherry picking? Idk about people tweaking over tiny movements if that's what you mean. Half of them are joking and bored, the other half leveraged probably. Dumps of any kind sorta suck when most of our alts are already at shitty prices anyway.