Are you guys not concerned about the ongoing market manipulation taking place? Since the arrival of George Soros to the market the prices have been going through phases of absolutely horrible manipulation. Even the most obvious TA indicators seem invalid. Although I managed to make gains in the recent pump, I think it's time to call it quits.
This to me is no longer investing, but reckless gambling and I don't feel like I want to be a part of it. Crypto has literally become a minefield where the odds of making it have grown extremely slim.
I tune out anyone who namedrops Soros to try to prove any sort of point. None of you faggots have any insight as to what he's doing with his time or money.
Carter Evans
Wow it's only gone up since the Soros news
>FUCK THIS IM OUT
Nathaniel Reyes
Did you think there wouldn't be whales OP? You thought everyone would have an equal say in the market? Are you a commie?
Daniel Powell
Not that I agree with OP on calling it quits but it's not about the meme lines. I'm not a experienced trader. I'm just learning a little but mostly trade shitcoins for BTC. I'm familiar with how the chart of BTC looks like and also how the charts of 15 BTC/day volume of shitcoin PnD's look like. And Unfortunatelly for the last 2 months BTC chart looks more and more like a shit PnD scam coin. When I know how much money it takes to PnD a shitcoin I'm in awe. I mean they are taking their profits out, bit still, we are not talking peanuts here. And they are being obvious. Manipulation was always a part of this market and we just lived with it and sometimes manipulated it ourselves, right? Well what's going on with BTC now is much worse than usual. I'm not saying quit. But I am saying -> it's a gamble, because you need to settle on some type of a theory as to why and how far they are pumping BTC I assumed that they want normies to FOMO in, and that means they have to break 10k (maybe even 12k) and keep it there for a time so the normies feel safe. And I invested on that assumption. But that's no better than gambling, because I really don't know WTF they are doing. Maybe they just want to flip ETH and BTC? Or some other fuckery? Then I'll be fucked.
Samuel Roberts
My main concern is not the meme lines that you speak of but the fact that there is intrinsic correlation between the stock market and bitcoin price and they have been out of sync which worries me. And then the blatant price manipulation which could also indicate that the fall will be much worse than the rise. The overall sentiment seems to be too bullish, which is never a good indicator.
Tyler Sullivan
Just dance until the music stops then. Make profit and get out during the next big crash. Not that hard. Better than quitting right now. It's not going to 6k overnight.
Brody Mitchell
I don't care about Soros, my point is that this blatant PnD thing started to occur during the time he announced entry to the market. I also have suspicions they manipulated the chart patterns to squeeze the maximum amount of profit and now that everyone is calling for the moon, I wouldn't be surprised if the opposite happens. I would also suspect the exchanges were in on this as they have interest in liquidating shorts since they also profit from it.