...
But who are the buyers? This is the question I always ask myself in such a scenario. In order for the whales to make a trillion they need the buyers of their dumped coins.
With the sentiment already so negativ and the fear index being so high, if the whales sell a trillion they need the buyers to buy up a trillion. So who are these crazy buyers who buy up the huge amount of whales coins?
Quoting: Tekunda Que tonight's bitcoin event with Elon :P
retail investors will pay as always.
But wouldn't that mean that retail investors are an absolutely stupid bunch if in a situation, where fear dictates, they buy up the billions upon billions of the coins the whales dump on the market?
I don't know.
Couldn't it be possible that the whales run a risk destroying the prices for good if the whales do not find enough buyers for their dumped coins by driving the prices almost down to "worthless"?
How many people started buying crypto after the news said new all time highs were reached?
idk, all of this is weird to me and open to speculation and manipulation. c'est la vie.
as i understand it now, pretty much everyone that buys during the head/shoulders thing (except for day traders in the second shoulder) are paying the price.
i dont understand most of these things. like once BTC etc crashes and people like Cheeze and myself start shorting it, we potentially make huge profits while the entire market is crashing. where does that money come from? youd think shorting anything is bad karma for sure... and to me it feels like something thats really bad for the markets, but its money.
ive always wondered about this with Forex too. i make a profit out of what seems thin air, but in reality someone else is paying for it. right? lol
does the leverage simply mean were robbing several people at once? i mean its not robbing if they bet on the opposite result, but you get the idea.
(disclaimer ive had way too much coffee again)
