View: slopechart_$DOGE.jpg


Sunday walkin' the Doge 

There is an adage about sell offs happening faster than the ramp up in prices. Bears are violent and fast because fear is more potent than hope.  

Here in crypto land it took 141 days for the Doge to go from $.004 to $.74.  

In contrast, going from $.74 to $.07 has taken 400 days. 

Crypto plays by a little different ruleset. 

Did my little perusal of crypto charts today. Last crash many, many things landed at or around -95%, Bitcoin stopped at -85%. Currently, there is no shortage of coins at or near -90%. However, that last -5% is a doozy owing to the nature of statistics... 

Happy Sunday!

Image added via SlopeCharts


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