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Crypto Twitter on latest Bitcoin crash: 'Save to say HODL is not a great strategy'

07 Dec, 2018 | Updated: 07 Dec, 2018
by Jelmer van der Dussen
News
Crypto Twitter on latest Bitcoin crash: 'Save to say HODL is not a great strategy'

With Bitcoin and most other cryptocurrencies on their way down again, the crypto community has taken to Twitter to express their feelings on another day in red. Bitcoin is now trading below $3500, back to the levels of mid 2017, and Ethereum has been hit even harder, trading for $87,6 at the time of writing.

Part of Crypto Twitter focuses on the steer drop of Ethereum during this new leg in the huge retracement of the cryptocurrency market.

Read more: Bitcoin is trading below $3500, $16 billion gone in crypto market

Read more: Is Bitcoin dead? 8 reasons why it is NOT

Hodlers are having mixed emotions...

Another big headline today is the fact Bitcoin Cash dropped to a double digit for the first time in history, with fork Bitcoin SV even overtaking BCH for a short moment during the crash.

Read more: 9 Bitcoin price predictions for 2019 by crypto experts

Analysts are coming out as well, with trader Peter Brandt compiling a list of new bear market low closes for pretty much every top coin.

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