Your ever faithful “bottom nailer” is back here with an update.
That is some really serious damage, again, especially for the late entrants to the game. I imagine there are a lot of seriously unhappy speculators out there right now sitting on very large losses and wondering what to do.
Sure you can HODL, but there’s always the nagging thought that perhaps the bubble has burst and there’s only getting out before the tulip bulbs are once again priced at their actual utility and rarity.
That’s a tough spot to be in.