What is causing these dips everyday? It is 10-15% down every time I look at my portfolio.

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Fake internet money?


Op, that is because we still measure P&L against USD. USD had a momentum against BTC, but that is about to change.


Every year (every year), there is much less selling pressure once taxes are submitted. Until then, sellers may be forced to sell via market order if they can’t get their limit orders right or don’t have time to wait. On the flip side, individual newbs are scared shitless of the crypto markets right now. Institutional money and (semi-)experienced hodlers are the ones who want to buy right now but most are not in a rush. Limit orders all day, and the lower the better.... until the sell pressure wanes.

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