Go back to previous topic | Forum name | General Discussion | Topic subject | So Bitcoin crashes from 58,000 to 49,000 | Topic URL | http://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13413961&mesg_id=13425140 |
13425140, So Bitcoin crashes from 58,000 to 49,000 Posted by allStah, Wed Feb-24-21 02:17 PM
Had you bought in at the ATH, which people were doing, you would have lost 10,000 just like that. This is why you never buy at an all time high.
How did Bitcoin inflate? Big wigs were inflating it.
After Elon Musk made his bitcoin investment everyone followed , and inflated the price to 58,000. He then went on to say that Bitcoin was overvalued and no different than Fiat.....and immediately plummeted
Did you see what this man just did to steal cash from you?
He made you think that something was valuable and worthless in a short time span.
So now that he has made a billion dollars...He dumped it, and will go back in at a lower price. And start the cycle over again.
“To put this in perspective, Tesla is on a path to make more of its investments in Bitcoin than the proceeds from the sale of its electric vehicles in all of 2020,"
Understand trading and and understanding how markets are manipulated.
https://www.entrepreneur.com/article/365892
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