XMR/BTC
I have concluded that this market has been compromised.
A singular player/outfit has accumulated almost everything.
I imagine the same one that acquired Poloniex, but I can't be certain.
As far as I can tell, the coins with the greatest following are the ones being made to look the worst, and vice versa, before the world transitions into the "crypto era". I believe cryptocurrency will be blamed for the global economic fallout in the years to come.
No, there's nobody you can tell, if you conclude the same. No SEC or government.
Only a king can solve this.
My recommendation:
Find alt/BTC pairs on cryptos older than 7 years, that have the biggest decline in the last 6 months. Those are being made to look, on purpose, as weak as possible, versus a rising BTC.
I'm thinking XMR, XRP, XLM, ETH & LTC are in that list. Open longs on these with this in mind.
When all the weak hands are broken, and buyers outweigh sellers, the price will move up very quickly, so all hardcore HODLers having seller's remorse can only buy back 1/2 or less of their position.
Don't let them turn you into a memecoin bagholder (DOGE, PEPE, SHIBA, etc).
Exit crypto when everyone is talking about it...
Buy some land and begin farming.
Famine is coming. Be ready.
A singular player/outfit has accumulated almost everything.
I imagine the same one that acquired Poloniex, but I can't be certain.
As far as I can tell, the coins with the greatest following are the ones being made to look the worst, and vice versa, before the world transitions into the "crypto era". I believe cryptocurrency will be blamed for the global economic fallout in the years to come.
No, there's nobody you can tell, if you conclude the same. No SEC or government.
Only a king can solve this.
My recommendation:
Find alt/BTC pairs on cryptos older than 7 years, that have the biggest decline in the last 6 months. Those are being made to look, on purpose, as weak as possible, versus a rising BTC.
I'm thinking XMR, XRP, XLM, ETH & LTC are in that list. Open longs on these with this in mind.
When all the weak hands are broken, and buyers outweigh sellers, the price will move up very quickly, so all hardcore HODLers having seller's remorse can only buy back 1/2 or less of their position.
Don't let them turn you into a memecoin bagholder (DOGE, PEPE, SHIBA, etc).
Exit crypto when everyone is talking about it...
Buy some land and begin farming.
Famine is coming. Be ready.
Note
In early 2017, when this new player entered and began these market moves, the likes of which us crypto-nerds had never seen, two markets were not easily/properly domesticated.Monero, I think, because of the DNM adoption (AlphaBay) and Stellar, I think, because of IBM and other corporate outfits/banks using it as their first toe-dip into crypto. (Side note: From that, I learned that many companies said that they were using crypto, just to be able to say "We've been working with blockchain since...")
I've been thinking the bottom on trade/hold-worthy alt/BTC pairs will be in the form of a quick V, like an Adam & Eve, but since they are all properly domesticated now, I think it could be different.
Whatever the pattern, I will be watching their trading algorithms to see when weak hands are broken. I'm still anticipating an event like Dec 7, 2017, because the best way to inspire panic sells is for all to look bad at once.
I probably won't be spending any time on TV, so don't expect any cues from me.
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