Post
Topic
Board Trading Discussion
Re: Trading analysis, is it real or speculation.
by
pugman
on 08/01/2018, 21:34:29 UTC
Hello, I'm new here.
I just started trading bitcoin last month. Playing with some change was easy but when I decided that I'm ready to go big, I began to lose.
Its only a month you're in with bitcoin,these losses aren't exactly loss,these are more often termed as capital gain/loss. You'll get a loss only when you sell it for crypto or fiat.
I started reading analyst blogs and their guess is always on spot. It is like they can control the market some how.
How can they be so sure? I tried looking back for the same pattern they were talking about but the result afterwards is different. What's really going on here?
Oh boy,you're so innocent that you don't even know that these are pump and dump groups. These groups are famous as they reveal out the coins  which is going to *increase* due to specific reasons and stupid people believe and buy it,but what these groups do is they buy that coin for a cheaper price and when others start buying it,they dump their holdings,and soon idiots start panic selling their holdings for a loss,and these groups again buy at a cheaper price and the cycle continues.