Post
Topic
Board Speculation (Altcoins)
Re: I have a bad feeling about this rally!
by
rose9696
on 05/07/2018, 03:41:53 UTC
I respect everyone wants the market to moon

But

The rally was bot induced

There is no real demand for Bitcoin

If the run up to Bitcoin 6800-7000K FAILS this market will correct with a vengeance and destroy everyone’s hopes and dreams.

Professional traders are not trading in the the 6000-7000K Bitcoin zone: it is extremely dangerous and the intentions of the the bots and whales is unknown!

If Bitcoin is rejected at 6800-7000K the Alts will go down in seconds: The only thing that will save you is a stop loss.

One day the market is bearish the next it is bullish. If the bears come in - OMG!
I think you have wrongly argued. There are lots of whales that trade every day to make a profit because they understand how the market works. They have a lot of money and we can not understand how they trade and make money.
I appreciate your views but it seems too negative. Cheesy