The feeding frenzy will be much affected by zealots and uninformed noobs. Lots of idiots will dump great coins like the Aug 1st BCH event. Just look at what I had to deal with.
Not necessarily. In a free market everybody could possibly end up making the right investment and make money. But that requires lots of insight and intellect and tons of research.
But that's when you are going long. In shorting its always one winning at the expense of the other.
The feeding frenzy will be much affected by zealots and uninformed noobs. Lots of idiots will dump great coins like the Aug 1st BCH event. Just look at what I had to deal with.
https://steemit.com/@vimukthi/recent-replies
Their loss is our gain, just as our losses are someone else's gain. The true nature of the free market. Round and round we go.
Not necessarily. In a free market everybody could possibly end up making the right investment and make money. But that requires lots of insight and intellect and tons of research.
But that's when you are going long. In shorting its always one winning at the expense of the other.
I should rephrase that to clarify the point. Thus is the true nature of PEOPLE in the free market, fickle.