Well, the Germans are still on the move. First, they sold a massive amount of Bitcoin, which caused a significant dump. Now, they're buying again, and I'm still trying to understand their strategy. Meanwhile, the market has been volatile, and I'm looking for ways to earn income.
If anyone has ideas about profitable activities or opportunities, please share! I've come across a few myself, but I appreciate any recommendations.
The only significant impact that it causes is to dump the price. If you are buying bitcoin before at $50k and dump sell at $60k, you are still making some profit from it. Panic sellers will continue to push the price down as they are selling low worrying the price will dip more and this will be a great opportunity to reinvest. This idea has been effectively working, big investors create panic and take advantage of the situation but don't do this if you are just a small-time investor, it won't influence the market direction but just ignore it in time. As an investor, we don't just look at the price movement but also consider news factors because this could also affect the price especially when big companies announce their plan.