You are viewing a single comment's thread from:

RE: How A Single Trader Manipulates The Bitcoin Market: Spoofing With Large Sums & Illegal Methods On Bitfinex

in #bitcoin7 years ago

Every trading is ZERO SUM game.
With few winners cashing out on tons of suckers bringing their hard earned money from real life into market .

There are only two groups of traders.
Group 1: - a tiny group of people who:
a) has enough money
b) know what they are doing
c) sell at peaks at right moment because they don't have to wait for miracle
d) buy at market crash bottom, because they can afford little bit of loss when the market crash even further
e) can wait because they are not dependant on value of their assets on market
f) have significant market share so they can steer market at direction prefered by them

Group 2: - a huge group of people who:
a) have invested all their spare money in market
b) can't afford to lose money so they dump all their assets with the first indication of market crash
c) don't know what their doing and are just jumping on and off the bandwagon ... with 1-3 day delay, never hitting the sweet spot.
d) cash out their lucky profits for their IRL expences so their portfolio is shrinking with all peaks and crashes.

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.033
BTC 63383.41
ETH 3119.37
USDT 1.00
SBD 3.85