naturally.
spikes do not start with a warning. they just pop up.
funny how that works:
boom. all of the sudden over %40 increase.
everyone watching
stagnation at %60 percent.
current coin holders: surely this is the new high resistance. it wont go higher but back down
current coin holders: sell their coins
price falls down %20 percent
at this time the market has created a buzz and now everyone is watching.
buyers run to sett up buy walls. they compete with each other. new low wall is at %30 percent decrease
technically the sellers sold at %60 high, but now if they want the coin back they will buy at %30 price decrease. but they compete with other buyers. not able to gain the same amount of coins back.
overall the sellers got a tiny profit. but traded away 1/3 of their coins. the buyers bought some more coins but at %30 percent high price.
who is the winner? both parties for now. but buyers for the long run
this cycle? when karma was at 20 litoshi
the same cycle when karma was at 40 litoshi
the same cycle when karma was at 60 litoshi
the same cycle when karma was at 80 litoshi
the same cycle when karma was at 90 litoshi
the same cycle now. where will karma land?
which team you want to be on? buyers or sellers?