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RE: Bitcoin's "flash crash" below $4,000 (actually just a dip ofc, but people freak out always!)

in #bitcoin8 years ago

I would not consider anything a flash cash unless it actually crashes big within seconds or maybe a few minutes. Otherwise I would classify it as simply people taking profits - my two cents.

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if one person or a group of people with a large share all sell and the price does drop alot in 5 minutes would you consider buying then as whales have unloaded?

Yes! But only if your target is a long term hold/play. Today's panic selling was an excellent opportunity to add BTC or other coins at SALE prices. Can't beat that. Cheers.