Im definitely waiting to buy cheaper.
People will yet have to arrive at the hate and disappointment phase.
But this will be the time where the smart people will get in!
If they sell now they could have 5-10x more by the time it bottoms. The problem is, so many suckers and suckers only understand holding, which means they'll probably never sell, even if the price skyrockets.
@Jeff_Cryptopop, This rally gave lots of people hopes I guess. Maybe thats what the Market Maker wanted to achieve?
Keep in mind the Market Makers hold about 95% of total Bitcoins that are in the market whereas the suckers hold not even 5%.
Its super easy for them to do with the price whatever they wish.
Super easy to dump the market down to the very lows.
Just pick a day where there is low volume and only a few people are trading BTC and then dump the coins.
Just by achieving lower prices and people getting back into the market with bigger volume on lower prices is already a win-win for the MM.
@Jeff_Cryptopop, If we go to 100k from here (10k) right now. Then its 10x.
But if we were to teach 2k-3k. Once more and Whales start to accumulate there.
Then going to 100k from there would bring them 34x-50x.
Comments
Keep in mind the Market Makers hold about 95% of total Bitcoins that are in the market whereas the suckers hold not even 5%.
Its super easy for them to do with the price whatever they wish.
Super easy to dump the market down to the very lows.
Just pick a day where there is low volume and only a few people are trading BTC and then dump the coins.
Just by achieving lower prices and people getting back into the market with bigger volume on lower prices is already a win-win for the MM.
But if we were to teach 2k-3k. Once more and Whales start to accumulate there.
Then going to 100k from there would bring them 34x-50x.
Quite better than some 10x.