I am a NANO whale with more than 500,000 all of which i acquired below $1.00 back when it was known as Raiblocks. It performed way better than i thought it would in december/january, and i cashed out more than enough to live comfortably for the next few decades.
after cashing out a few million dollars, I let my remaining 400,000 NANO ride. however, after realizing the volume for NANO on binance was so drastically low, i figured it was more profitable to actively manipulate the market, than to hope for another bull run of 2017 proportions.
so i dumped.
and dumped.
and dumped.
i found the best time to dump was not when the price was tanking (medium-sized bag holders with 20k-50k+ tokens will take care of that for you), but when the price was mooning - or looked like it was about to moon. here's a secret for you: NANO has some of the weakest bulls of any coin on binance. usually it only takes less than a 100,000 NANO, efficiently timed, to crush any small pump and take NANO/BTC ratio back into the red for the day, where it ought to be.
want to know why for the last month on binance, the NANO/BTC chart only has ten- yes, ten- green 1-day candles? (If you can even call all of them candles)
because of me.
want to know why everything today seems to be in the green, but NANO is still struggling to make it back above 2 cents, and has currently dipped to rank #38 on coinmarketcap?
because of me.
i refuse to let the price go up, and i won't for a while. in case you're wondering, the 400,000 NANO I let ride now exceeds 700,000 simply from doing this over, and over, and over again.
i am a bagholder's worst nightmare.