This is the most stupid waste of time I have ever been involved in . Obviously there are a few low lives out there with billions of dollars working off arbitrage to suck the money right out of the people who are just trying to get started. In the last hour I have seen the total market cap of all coins go from 91,445,000,000 to 93,092,000,000 and now its on its way back down. Like its Friday night FFS, don't these whales have a life ? Or is this it? Are they so angry they couldn't get laid as kids this is how they are getting back at the world? How do you compete with people with billions of dollar when you only have thousands ? Decentralization is a great concept, but it also leads to abuse and furthermore, huge swings like today. Its just strange how tens of billions of dollars can evaporate in the blink of an eye. Once again this is why normal banks institute substantial transaction fees, to make idiots like this consider every move they make. To prevent them for buying and selling simply to manipulate the market in their favor. Not trying to come off as angry, but I can see why they call it the wild west of finance. Sadly this is no place for someone who isn't an autistic savant or a brilliant mind. If you are the common folk, you will be eaten alive.
There are also a plethora of low life day traders who suck the life out of the market as the day goes by. Any little drop in they are in there like a dirty shirt trying to rape all the new money. Not good for business guys... In actuality you can take your candle stick charts and shove them up your corn holes. That is all I have to say on this matter. I have set some stop loss trades, if they go below them, I am taking my dolly and my money and going home still up when I have the chance. It is just a matter of time before the SEC shut this all down anyway.
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