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RE: A Wild Friday Flash Crash

in LeoFinance3 years ago (edited)

I wouldn't call it a flash crash actually. During flash crashes price bounces to previous levels before the crash. What we see now is just a freakin crash. People expect retailers to buy in and send the price to the sky, yet they forget that retail money atm is practically none existent and people all over the world lose their jobs and go through shit, especially after the new Corona O invetion...

We will see a bounce at some point but who knows,maybe the worse is yet to come...

PS. That's got to be like my first comment after like 8 months or so. Damn...Need to start posting again.

PS2. Check the responses to Bukele's tweet from the Schiff family. Hilarious.

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Okay, you are right a flash crash might be a bit dramatic.

Welcome back and good to see you!

I'll look at the tweet! :)