Hello to all traders/investors,
Seen these days on chat lot of stupidity, regular traders or just trolls posting rockets every day /hour on every $10 bounce of BTC some with ireal targets some with imaginary targets none being real.
You do have to understand that crypto markets are crashing, don`t need tools, indicators or to have a diploma in economics, this is simply dumping day by day... just zoom out your charts.
Don`t bet against the trend ,don`t bet more money hopping that will bounce or that you might catch the bottom, there is no such thing as a bottom and the sooner you realize this the sooner you will stop losing your money. Some are still bringing 2010-2015 prices in discussion that crypto is great and you should invest now at these low levels, great tech, digital gold, mass adoption...bla bla bla...all bullshit, CRYPTO FAILED ADOPTION and was manipulated all the way now is too late to be adopted as big investors lost interest in it and some trapped with bags of coins and some already sold in a loss.
This is the greatest wealth distribution from all times, but hey...is just my general view on the crypto market where I see 2020 will be the end for crypto and hoping that this post will save some people from getting trapped/liquidated or just to trade with more care.
As for investors... worst place to get your money in now is crypto... and I do not exaggerate at all! just donate it, you will save some lives or make someone poor happier, stop giving the walles your money, they have enough. Save yourself from this bubble.
Disclaimer: I do not own as investment crypto and not trading it non stop, just when i see possible recover, do not consider this an trading advice just friendly reminder of what might happen.
Stay safe and happy trading