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RE: Bitcoin Prepares for Futures Down 2k!

in #bitcoin6 years ago (edited)

People who like to think they are traders because they were lucky enough flipping different cryptos will start to have some bad time now that the big money is starting to come in. Just a prediction.

I feel a bit sorry for those people. They will have no idea why prices fluctuate the way they will. They'll loose a ton of money. Most of them have no idea of fundamental analysis. They follow what some guy on YouTube or someone on some Telegram group tells them when they should buy or sell.

The crypto market is still small and so fragmented into 1000s of coins that now that the big institutional money is coming in it will be so easy to manipulate prices. Even more than until now.

Hard times for wannabe crypto-traders ahead.

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