Jefe

This is a Sucker's Rally (BTC Dilemma)

Long
Jefe Updated   
BITFINEX:BTCUSD   Bitcoin
I don't need to tell you what follows after "This is a sucker's rally". There was a total loss of faith, we saw that, a lot of voices called for $5000 and some even $1000. We're past that stage now. Those voices have silenced for the most part but the negative sentiment is still there. People are fed up. Many have lost their BTC to strong hands, some are yet to lose theirs to even stronger hands in the coming days. The big guys, the whales with deep pockets, they don't mind waiting. They are making money as you desperately wait for the price to rise and they are also accumulating, taking advantage of any frustrated weak hands. However, one thing that works for all of us is this quote from Warren Buffet: "The stock market is a device for transferring money from the impatient to the patient." ~Warren Buffet
Comment:
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