Hello everyone,
according to the topic's title.. just wondering;
We all know that all the coins in the whole market are now pretty cheap..result of bear market never matter if we will call it "bottom" Or it will continue dropping badly again
you hadn't ask yourself :
- that if all whales/big investors be able to select the cheap point in the prices and bought in bulk that 'X' currency.
- it will be heavy & difficult to bounce back and move Up normally to the previous prices or even hits a new Top.
- as most of investors involved in a cheap prices.. who will even think to buy it High.. instead he would rather wait patiently at any coming cheap prices.
- if you think that who HODL/long term investors will win the end..
never heard there's big whale not a smart enough to realize that point.. then he will not reach to that position... so i except there's would be many winners
small percentage of weak hands will be Out of the game as normal
- p.s big investors/whales that concept not.. even for one person but who have big volume of it able to move the market if there's 10,000 investors (small fishes) with 800$ then they also can move the market Up&Down 8,000,000$
maybe rumors/bad news what.. can impact in this case
- Bitcoin as example;
the history of Bitcoin shows that when people went out of bitcoin boat... and call it scam/fraud/bubble/..... bitcoin became too light therefore hit a new rise
Wiki: https://en.wikipedia.org/wiki/History_of_bitcoin
Feb 2014... from 750$ to 550$ shutdown of Mt. Gox
Mar 2014... dropped from 700$ to 450$ report about china ban bitcoin/ prevent banks to Use it as well
September 2017 to 2900$ reason china ban ICOs.. shout down some exchanges
but after that huge drop in 15 December 2017 bitcoin hit a new top go to 19K
what is your opinion if we all had bought from the same cheap point.
feel free to share your thoughts below the post(make sure to be constructive ) to learn from each others.. ^^
