Because I blew my budget at the $100b mark yesterday I was not able to fully capitalize on this correction. It would have been nice if the bounce could have waited until Thursday when I could reinvest within my weekly budget....... but you can't win them all.
I believe the combination of profit taking and panic selling, led to yet another traffic led crash of prominent exchanges like Coinbase.
The fact is, Coinbase is the only option I currently have to exchange my shitty Australian dollars into some decent crypto-currency. When it goes down, so does my opportunity to buy low and help prop up a market in decline. I'm sure many investors experienced the same issue recently.
Worth considering as the market bounces back quicker than anticipated.
Stay stoked frothers,