The ongoing bear trend is pretty logical and was to be expected, as the market clearly couldn't go up forever. Besides, everyone who is invested in cryptocurrencies MUST understand the risks and anticipate volatility of the market , and it's definitely not the case here. In last 2 months lots of new people bought crypto and lack of understanding resulted in unreasonable panic selling, which is a great opportunity for big players to grab even bigger slices for cheap. Situations like this filter the market and leave only those who are confident enough to expect big gains in the long run. Don't let the whales be the only winners- hold on your portfolio, especially if you invested the amount you can afford losing.
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Interesting thoughts
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It is the big player's who are selling. Why do people think "noobs" control the market.
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at least i would do so lol
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Of course they do. That is when we buy back. You flow with the market not try fight against it.
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Obviously, but many of those big players intend to get even bigger slices I guess?
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I agree with you friend.
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I thought that when the whales were selling it was BAD
now you say when they are buying it's BAD.
poor whales.
damned if they do
damned if they don't.
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I just say to avoid the noise
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