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This blog brings you the best Cryptocurrency & Blockchain, ICO & P2P and Exchange & Laws news. Also contains technology and research based post from all around the world every single day. Get informed! Think Future!
Saturday 27 November 2021
Lebanon and Turkey-seems like a signal?
We have two historically significant countries whose currency has been exposed as worthless. And there are certainly others. Tea leaves suggest the value of the euro and the US dollar could easily be subject to wider spread scrutiny soon. Should not this or could not this threat flood money into BTC? Seems like it should, no?
Catalyst?
Why aren’t these failing nations making an attempt to restore some integrity via BTC?
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Out of the stock market and into Bitcoin
Well I took advantage of the Black Friday sale and cashed all my underperforming stocks out and bought btc with it. Took a minimal hit but hoping the recovery erases that.
Having said that: I don’t like to use my main wallet for exchanges, anyone have a recommendation on a secondary wallet that I could use for doing exchange transfers only?
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When an asset drops 10% in a matter of minutes, here's what happened:
Step 1: Corporations with large amounts of money borrow thousands of BTC.
Step 2: They take the BTC and dump it on the market. This blows through buy walls and causes leverage traders to be liquidated.
Step 3: Fear and panic spread through the market. Shills and salty traders alike will flood social media with FUD. The price further dips.
Step 4: The hedge funds close the loop: they buy back the BTC they borrowed, pay back their lenders, and generate a profit.
They can do this because they have capital that you and I do not have. And they do it over and over.
Don't fall for their tricks. Just hodl. Or better, buy whenever you see a -10% price dip. You can be assured that this was NOT a bunch of ordinary individuals, who happen to take profits at the same time.
Bitcoin is truth.
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