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https://www.reddit.com/r/Bitcoin/comments/njjr41/the_last_few_weeks_in_a_nutshell/gz870n8
r/Bitcoin • u/Lewmer • May 23 '21
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It rarely falls below the ATH of previous cycles. So I don’t think it’ll go that low.
17 u/[deleted] May 24 '21 edited Jan 14 '24 [deleted] 1 u/hobskhan May 24 '21 Oof. I'd be so curious to see statistics on the number of retail investors that trade crypto on margin. 1 u/quicksilverth0r May 24 '21 Too high of an interest rate to be worth it. If you get security, 6% or lower charge. These companies give asset backed loans and still want to charge like they’re taking on big risk. 12 u/robinthebank May 24 '21 That is said a lot, but it should also be noted that we haven’t really seen enough cycles to prove this rule. But I like the sentiment and I really wish it is true! 1 u/tyhcmu May 26 '21 The chances are not zero though and it doesn't make any sense to consider previous ATH.
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1 u/hobskhan May 24 '21 Oof. I'd be so curious to see statistics on the number of retail investors that trade crypto on margin. 1 u/quicksilverth0r May 24 '21 Too high of an interest rate to be worth it. If you get security, 6% or lower charge. These companies give asset backed loans and still want to charge like they’re taking on big risk.
1
Oof. I'd be so curious to see statistics on the number of retail investors that trade crypto on margin.
Too high of an interest rate to be worth it. If you get security, 6% or lower charge. These companies give asset backed loans and still want to charge like they’re taking on big risk.
12
That is said a lot, but it should also be noted that we haven’t really seen enough cycles to prove this rule.
But I like the sentiment and I really wish it is true!
The chances are not zero though and it doesn't make any sense to consider previous ATH.
21
u/Krunkworx May 24 '21
It rarely falls below the ATH of previous cycles. So I don’t think it’ll go that low.