Originally posted on 11/07/2017:

Quote Originally Posted by ApricotSinner32 View Post
Anyone who invests a heavy percentage of their net worth in a meme coin that can drop 90% of value overnight deserves to get buried. People think bitcoin just has to keep going up. It doesn't it could easily get dunked. Gonna be chaos when it happens.
People panic every time is makes a retrace, but what they dont realize it cant just go straight up forever. People will start to panic soon that bought it at 7000-7500 when its below 6000 again. 100,000 people signed up at Coinbase in one day and probably bought the top.

Retraces are a normal part of the market. We went from 3000 to 1800, 5000 to 3000, and now its time (after the fork) to do it again.