Post
Topic
Board Speculation (Altcoins)
Re: China is playing us
by
bamboylee
on 14/09/2017, 13:21:37 UTC
so basicly:  Theres a bunch of chinese who keeps losing and americans that keeps on raking it in?

I dont see how this is bad in anyway (if you are an american crypto investor)

No it's the other way around. We buy and drive up the price and then when they wake up and see the price is up, they sell. look at the price of bitcoin. It keeps dropping everyday around the same time Chinese get up and start trading.

But you are the one buying the dip, isn't that more beneficial in the future when the price of bitcoin pumps back up. You will have more profit than the Chinese dumping their bitcoins now.