This Post has four words: Go long dont short. (and ... MA 50 X MA 200 a dead cross is not always a dead cross). 😀
When I read thecryer's post this morning, this 4-word post came to my mind. I think he writes very true words that we should all keep in mind. Well done. I quote him: ...
- Whales are just waiting for a big dip to buy your Bitcoins , they always cumulate BTC , they move them out from exchanges and keep in their wallets. no matter if BTC falls to 1000$, they will buy more. - TheKing is still Alive because Whales never dropped their BTC , they dropped a bit for living, but this new nerd generation understood about the meaning of freedom in the "Satoshi Whitepaper". - Most of the Whales are not driving a Lambo but drive a small car, they fly coach, they visit the planet, and they go supermarket like you and me.
- Retailers try to win money in the Both Ways because they are just greedy, Long and Short BTC , the problem is when you Short BTC you don't have your coins... you have your "Short Contract" (x2 at least). - When you are shorting a disinflation technology, it means you are fighting with something made for a best future, less poverty, more equitability, better world for your family. - When you are shorting BTC you are taking the risk that the exchange you are using close or get a hack, you cannot move a contract in an hardcore Wallet, but if you buy BTC , you can move coins in your Ledger. - When you are shorting BTC , you own nothing. Not your coins. Not your Key. just the wind.
- i hope this makes some people's open eyes about a greedy financial system.