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Typically, after 12pm, cryptocurrency prices are significantly lower. Yet even so, there's a die hard bitcoin community that adheres to the philosophy of hodl—hold on for dear life. In fact now, it's dropped by nearly 70% of its previous value. So as you can see from the charts above, there's a trend here. Most people that choose to buy bitcoins do so for the investment value.
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Markets are irrational and driven by the forces of greed and fear which often lead.
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