RE: Bitcoin Crash 2018: Precursor to Global Financial Crisis?
how market manipulation works?
BEAR MARKET
-the big crypto holders (exchanges) start to sell a significant amount of crypto...price is dropping
-people start to worry but still hodling
-(exchanges) sell even more....people are getting more worried and sell a part of their assets...but still hodling a good amount
-(exchanges) sell more....people start to panic and sell a good portion of their assets with a big loss....but they still hodling a small amount
-(exchanges) keep selling big amount of crypto....and scare the shit out of people....people sell the last of their portfolio and taking the loss of their lives
-NOW the big sharks (exchanges) start to buy and the price goes up....
When people are getting to desperate, I know that the end of bear market is close!
Keep calm people....hodling is not enough right now! Is time to buy!!!