ALTCOINS ON THE WAY BACK UP.
We told you yesterday that greed and the whales were going to far in this market and was one of the only news outlets that stuck our necks out and said so!
Anyone new to the altcoin markets reading this story whatever you do dont listen to charters or sites that give you the so-called actionable actions as everyone of them yesterday was telling investors to SELL not BUY.
The main reason they failed and got it wrong was they dont control the markets the whales do along with electronic bots that sell and buy at the whim of the big boys.
The best part is from here or yesterday the market will top out again after a 150-250% before MUSK opens his gob again and we are back to square one all over again.
We have learned though capitulation only works if the market panicks and sells, we think more and more sellers will be asking why they did that?
Take CHILIZ 80% of its huddlers hold the stock yet it dropped 70% in value so how does that work ah minipulation you may say, well thats what we think unless someone else has the definitive answer other than this one?
To new investors what does this mean for you, well you pays your money and you join the rest of us on a jorney of discovery we are but followers in most part to the whims and desires of the whales when they profit take so do we.
It is like the little fish that follow great white sharks they always get a free meal if you stick close to your meal tickets directions its no different here.
Now it goes without question to do the above you basically come to this as a day trader or your a speculator (a hope for the best merchant) most of this author team is huddlers we take the pain but in reality its only short term paper losses we only sell when we choose too not when the whales wants us to?
If day trading is your idea we will explain tomorrow how we do it and with who and why them on particular.
More on this story here.
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