|
REPLY TO THREAD
|
|
Subject
|
The truth about the crypto currency market
|
|
User Name
|
|
|
|
|
|
|
| Font color:
Font:
|
|
|
|
|
|
Original Message
|
Ignore the typos, tired n typing on phone when wrote this. Wanted to share in a thread not about the 10 year yield as this should have its own thread so people can understand what they’re getting into when investing in crypto. I’m not going to debate this but I’ll share it and let others argue it out. This is how the crypto market functions and there’s endless examples of it functioning as such and there’s tons of proof out there in the charts. This is my second or third post in the past 5-7 years on here and probably the only post that can help some people who invest or look to invest in crypto. And one thing to add that I didn’t add below, never set a stop loss, ever....it’s like playing poker and showing your opponent your hand and asking him if he wants to continue betting on the hand and he says yes and you decide to keep betting against him even though he know what cards you are holding and will learn where your line in the sand is for attempting to mitigate loss. If you can’t watch it, don’t place longs/shorts or as also called puts/calls.
*******warning, wall of text lol. But most will learn something.****
This poster is correct, it is a mechanism to absorb endlessly printed fiat and its disguised very well under coin caps and finite supply. It’s no more of a setup than tangible fiat though. It’s actually the next step. Crypto currencies are manipulated by the same groups that manipulate the stock market, they are known as market makers and the largest on in nyc is worth about half of the entire us stock market & about 12 trillion. Us and foreign stock markets have regulations via sec imf etc. crypto currency has none of that. As crypto grows in popularity, more and more people invest money and the majority of them lose. They invest in a market that is volatile and creates massive wealth for few and massive loss for most. To keep this simple, ask yourself one question. Why does a crypto coin spike in value only to return to its previous value within a few days? When stocks hit, people hodl for the most part because they are seeing gains and their life improving financially, this doesn’t happen in crypto and news doesn’t affect crypto. Ada/cardano Mary hard fork got released a day ago and Ada tanked. Why did she tank? She tanked becuse everyone had longs in place expect a rise as common sense would lead anyone to believe would happen yet the opposite happens and the market makers caused it becuse they placed shorts. In crypto the coins lose their value due to the market makers in the uk nyc and Hong Kong dictating where the price goes every day of the week. The regular people invest on the hype and news and make longs while the market makers are making shorts and this is why every coin except the top dozen bottom out hard after high gains. They retain a small upside in gains overall but a hard dip past that new average value is hit every time so the market makers can liquidate peoples accounts. The market makers liquidate them by pumping a coin at the beginning(being the ones buying low) and let everyone get on board the gravy train only to get their stop losses activated the following day or so or if no stop loss in place then fully liquidated. Market makers get the data and know how many longs or shorts are placed and their value and they do the opposite. Market makers absorb these peoples equity to create the next pump and rinse and repeat repeatedly. When the flash crash happened this past February it lasted less than a minute, was heavy red candle with insane wick down liquidating everyone who had long bets on btc reaching 60k. What did the news say and all msm? Oh btc to 100k 150k 300k and 60k is coming any moment, next thing you know bam instant liquidity created by the market makers by hitting everyone’s stop loss and finishing off those who bet long without a stop loss. After that moment, they allowed people to sell their coins and the market makers bought most of them. The following 48hrs after what people call a “flash crash” the market makers let psychology play out in everyone’s minds causing more dips and loses for the average investor who doesn’t understand to hodl. People call it’s market correction but it’s really the market makers creating liquidity to build new highs. The market makers always have to realize profits in order to keep the game going becuse they are the ones pushing crypto higher and higher. There’s more to this but this is how it works on a very simple level and the hand the market makers play is extremely obvious in crypto due to no regulation, fuck, no govts could regulated it even if they want to do so. Instead they’re trying to just make sure they tax it. This is how crypto works, there are no exceptions. The talk of how expensive it is to mine btc is fairly irrelevant, as long as price goes up the system will work and btc will reach a point where it’s viewed as a store of value for the wealthy and other coins will be used for commerce. This is what eth was created for and everyone’s getting hustled on e20 tokens now cause the fees are so high to move eth and this is making other coins shine via utility etc and it’s all a setup but it’s going to workout and continue by design. These aren’t billionaires making the market move. It’s banks propping up market makers to funnel fiat out of peoples pockets. It works perfectly with lowering the overall satraps of living globally and it also gives regular people this false idea in their minds that their is financially independence within crypto when in reality it’s the same game. Sure a coin has a finite amount of them ever made(most coins) but more and more of them can be crated and given a new cool name. This can go on forever. You don’t see the printed fiat world of currency crating new brands of paper money all the time becuse they can always print more of the same whereas in crypto you have to keep making new coins. The hustle is real and crypto relatively speaking won’t ever return to zero again, it’s now the best paper fiat absorber in existence. You literally own nothing with crypto, you can’t even touch it unless you buy the dude who made btc coins that are tangible and even then wtf do you do with 1 btc coin you can’t divide and still hold tangibly once it’s been divided down from 1 btc. Market makers obtain data on everyone’s longs and shorts and build them up accordingly and then liquidate the fuck outta those investors and repeat the process over and over and over. A good example of this in the world of stocks is robinhood. Robinho of offers zero commission on trades, if you buy stocks through robinhood you are the client right? You are purchasing from them and they provide a platform for you to do so and they get to use your universes capital and have special upgrades and a couple other ways to make a buck so that must make up for all the lost earnings due to free trades, right? It’s a con, even down to the name robinhood. Psychologically they’re telling you we work for the little guy! The reality is they collect data and the data is where the big bucks are and this data is given to market makers who then screw over the regular investors as much as possible but it can’t be too extreme becuse this isn’t crypto and it’s regulated. Look what happens with gme, the mini half pint market makers started to eat their shorts and cried and the whole system got shut down to save them becuse they need to realize profits and in gme case mitigate loss as much as possible to continue playing the he game pushing the market where they want it to go. In crypto it’s a free for all and they can murder people daily and they do. Nyc London and Hong Kong all work together as one unit. The weekly highs and lows are set in crypto so the market makers can make sure their orders get filled so they an realize profits to keep the game going and keep raping everyone via taking their tangible fiat. Jo Morgan and others have offices in Hong Kong, London, and nyc. Figure they wouldn’t need all these offices but they do because they manipulate the markets all over the world and this game isn’t new, it’s been around for a long time and now they’re owning crypto at extreme levels due to no regulations. Anytime crypto crashes, never sell because otherwise you are playing into the market makers hands and holding crypto long term is silly unless you have money you don’t care to realize regular gains on. Sure some crypto coins “moon” but that’s just the game to entice people into play and do as the poster stated, allow absorption of endless printed dollars, it’s actually a great way to hide just how bad inflation really is because market makers absorb tangible fiat opposed to spending it so they are essentially hiding tangible fiat from the open market thus helping to maintain a higher value for tangible fiat. Sneaky game it is...but this is the game. People always say crypto is so volatile, well why is that?? It’s because there’s no regulations so the market maker can do wtf ever he wants. In the world of regulated trading there’s stops in place for the markets and price can only deviate so much before the market is put on pause. This has been seen numerous times and gme was just the most recent. It’s been years since I posted on this site but this needed to be stated so people understand how cryptocurrency works. Personally, I believe the nwo’s favorite love child China created it and it’s a precursor to the future of money and one day there will be no physical tangible money. This also serves as a great way to flush out all the hidden wealth around the world that can’t be brought to a bank for various reasons. There are many reasons crypto has taken off and is being accepted atm. Everyone says oh we’re having a great reset and they want a one world govt, what’s the best way to have everyone use the same currency? Crypto. hiding
|
|
Pictures (click to insert)
|
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | | | Next Page >> |
|
