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Old 06-20-2022, 06:17 AM  
Biggie Smalls Web Writing
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Join Date: Aug 2011
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Quote:
Originally Posted by k0nr4d View Post
Yeah but you have to be incredibly lucky to buy at the very bottom. IMHO that 17k was the bottom for this cycle.
Yes, you are totally right. These are all great buying opportunities, but more pain is yet to come.

I do think we can expect the flash out due to massive leverage and liquidations in crypto:

- Celsius: 23,962 wBTC @ $13,604 ($477m)
- SOL whale via Solend Protocol; 5.7m $SOL @ $22.30 ($160m)
- ETH whale via Aave: 152k $ETH @ $895 ($141m)

This is the reset crypto needed just like a dot come bubble in the early '00
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