@commstark
there’s an old sales saying: **The objection is the reason to buy**
In crisis, people sell what they can, not what they want
**BTC is down: this is a feature not a bug**
fund managers and individuals want to have a way to get liquid when the traditional markets are closed
they sold BTC today because they aren’t sure what will happen with Iran come Monday
it’s not a knock on BTC is the reality that individuals always want some cash in order to derisk when they have uncertainty
overtime this will be THE reason for a lot of hedge funds to buy BTC … so they can have both upside potential against inflation and a truly liquid asset
“the dip is the reason to buy”