Quote from: Taskford on Today at 10:13:43 AM

Quote from: Beerwizzard on Today at 06:22:25 AM

These news have to be analyzed together with another indicators. It might be that people are gathering their BTC on exchanges in order to dump them. And once the price started to move down another people that hold their crypto on exchanges may consider selling their coins. Have no idea why someone may consider growing amount of holders on centralized exchanges as a positive sign.

That is normal cycle for people who do trades for short term especially huge whales who want to have quick profit from small movements that's why we need to be vigilant especially if we are not a whale since some movements can be consider as bull trap so better be aware on some manipulative tricks made by whales and mainstream to avoid being a bag holder.

That is something people could only understand when they have been in crypto for a long enough time. These huge movements people predict, or even see ends up being a regular Tuesday for all of us. Ignore all of it and you will be able to see the long term and how impactful bitcoin could be to our regular lives.

I personally believe that we should not be shocked at the current situation, it is something that is a bit more careful and a bit more profitable in the long run for sure. If you want to invest into crypto, you gotta accept that there will be moments when you can be 10x and there will be moments where it will be 50% down as well, just carry on like nothing happened and do not be shocked.