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I am always cautious when people share "their secrets" with the rest of the market. I am not saying it's wrong but I have been in cryptocurrencies long enough
by ThomPete 9y ago
I am always cautious when people share "their secrets" with the rest of the market.
I am not saying it's wrong but I have been in cryptocurrencies long enough to know it's not as simple as it might look.
I would be skeptical of the ability to short this market substantially since those who came in very early and at very low prices hold quite a lot and can afford it to go way down yet and thus will be long on this if need to.
That's also just another theory we have no way of knowing whether is true or not.
So only time will tell.