Well for starters, they know that collectively specs are a bunch of “stiffs”, who
are always under capitalized, over leveraged, FOMO & MOMO at the drop of a
hat, and that no matter what they say, they got the discipline & patience of a
group of wild rabbits in heat … and nowhere is this more pronounced than in
crypto, where specs make up about 99% of the trading worldwide with very
little institutional trading … “arbs” make the markets, and it’s this back & forth
among platforms [dozens of ‘em] that makes crypto a rather obvious choice
for price movement and volatility over anything the virus scum on Wall Street
make up to separate you from your money.
And I’m not talking millions here, let’s up the ante to hundreds of millions of
people who have access to crypto, with hundreds of very interesting alt-coins
leading the pack … 150 years ago it was the railroad “Stonks” … 100 years ago
it was the large industrial companies led by steel & autos … 50 years ago it was
the “Nifty 50” tech revolution that hasn’t stopped, along with the revolution in
commodity trading that saw rapid “financialization” of the industry from
grains, livestock, and world commodities … none of ‘em got anything
over crypto!
The “whales” know they can “pump & dump” specs at the drop of a hat, cuz they
understand the psychology of trading when “fear & greed” are about the only
drivers of price … and when you get millions of people with the same idea, driven
whether they like it or not to buy/sell, it’s like the 500lb. fat guy going off the high
dive into the pool with a cannonball … to say a little water gets moved is an
understatement! … and so, you got to understand the dynamics of how crypto
trades, and not be among the “Guppies” all swimming long at once … cuz when
it ends, it ends “el quicko mucho” and price moves viciously
… don’t be a “Guppy”!
Turning to today’s slots action, this might be one of the worst trading days I’ve
ever seen for gold and crude oil … what a complete bag of shit … ughhhhhh, this
is ugly chop … no trades for the PAMM today … what is it I’m supposed to do with
garbage that won’t move and won’t trade? … and it ain’t by accident it’s like this
either … not much better in crypto, although better movement in XRPUSDT than
anything you’ll find on the MT4 filed under “trade here for market manipulation”
… no trades at IQCENT today either … onto tomorrow.
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
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