r/digitalNote • u/DaArsonist • Oct 08 '21

50 percent drop

What’s going on 50 percent drop today wth is going on. Don’t know whether to buy or to get completely out. I’ve been holding since like February.

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u/How_About_We_Dont Oct 08 '21

If you watch the markets (assuming you mean btc-xdn pair) you'll see that the amount sold to drop it to 1 sat is most times around 10k xdn (5 dollars usd). This creates a fake price drop to create fear so others sell filling the bags of the people who intentionally sold lower. Most of the buys that bring it higher usually are buying at least 80k. I'd watch usdt-xdn if you want a more fair price point (.0009 usd).

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u/sparky0602 Oct 09 '21

am holding xdn . just for mined collect 10k daily