Someone is making huge moves on bitcoin right now.... 120 coins, followed by 25, 25, 30 @ ~$25,0000

blackrock and coinbase partnership news came out a week ago. The bottom is inn and confidence has returned. The whales are on the move, , much like the saudis on the move

they need a panic rally to $40k to keep the miners from going bankrupt. but it wont matter because in 18 months, the halving function cuts their incoke in half so they need the price at $80k to stay solvent.

pure sucker play.

Whales sucker you in then short it or dump it high. All controlled. You lose.

why would that make anyone lose?

shit to me it sounds like an easy way to double everything i put in until it goes to 80k!

i did really good last time it did this...

i started buying 500 dollars or so worth every paycheck at around 36k, all the way up to mid 40's...

then it went to 67k, i shorted all the way back down to the price i bought my first coins at...

all in all i put around 6 grand in, and cashed out around 10k.. bought a car (used car) with it :)

Never heard of pump-n-dump? ask your GF about it.

i just dont know why that's a bad thing?

unless your someone using crypto for some sort of long term investment.... but that's just stupid.

you should have a real long term investment strategy, like real estate or the traditional stock market... only use crypto to ride these sort of "pump and dumps."

keep it in dollar form in a checking account... .wait for the lows, then buy cryptos, then, once it goes up (set rules, say, everytime it rises 12 percent, you sell it and transfer to another checking account (or the same one, it doesn't matter) basically just create a "buffer" area where you keep dollars until the right time to buy)

then take those dollars that you made grow with crypto, and invest in a long term investment strategy, like real estate payments or SP500/ other "stable" long term investment situations.

its great if your in the business of "marijuana distribution"

first you have your cash, in dollars...in a buffer account.

with this money you invest in crypto while it's low.

then you wait for it to go up.

then you sell it, and use that money to purchase a large amount of pot. (you just spent less on the pot)

then, you distribute the pot (get paid in dollars)

then you put the profits back into the buffer account,

then wait for crypto to get low again..

rinse repeat..

you're growing the money before you purchase, and your inflating the profits from it.

i only used MJ distribution as an example because anyone can understand that.... it could work with any sort of business that involved distributing anything.. anything where you make money buy buying in bulk and reselling.

Bimp