The Altcoin Price Volatility Curve Explained in a simple infographic
Business As Usual
This happens in all markets including shares, credit, futures & commodities. Like (human induced) climate change, bitcoin & other altcoins are a 21st century phenomenon and so are subject to much higher levels of volatility than usual. This same scenario is played out again and again across different markets globally, with the most powerful players dictating the pace of play and making most of the profits. The canny side surfer can benefit from swimming with the sharks but needs to keep an eye on the ball or risks getting eaten alive. Be like a cleaning Wrass and sit on the nose of the shark !
disclaimer
this info-graphic is for entertainment purposes only. This is not a mathematical / economic description of why altcoins are sliding off the table at the moment, so don't make your investment decisions based on it. Bob, Janet and the hobby speculator.. Well done Shark, you owe me !
Hello there and thank you for your explanatory post. Never thought of it in this manner. Seems logical enough if you ask me. Must say though that with this information it seems that I fell into the trap quite a few times haha. It is difficult to discern this one from a total free fall and eventual death of a coin though in my opinion. Have fun out there and good
once you know what a trap looks like it's a bit easier to see it next time.. golden rule would be never sell on a loss and if you invest in coins which die, you were either unlucky or didn't buy with your head.. the coins with longevity are the ones which have real interest attached to them and offer genuine disruptive potential or actually improve and existing situation.. they will be the winners of the economic blockchain revolution.. it's your job to pick them !
I have bought from Bob Janet and Jim ...and with the last money i bought together with the Sharks
...now the market has to go up ...no?
lol
the sharks were up early and circling this morning !
hahaha ...good stuff
Thanks @yacov, was I right or was I right ? If you look at today's activity on the markets, you might say "hang on this guy knew something others didn't ;) or it might have just been a lucky strike.. time will tell
..yes my friend ...a beginning of a brake out to the positive side ....let's hope it continue
good stuff man ...no wonder i follow you ...lol :)
keep on the good work you're doing , bro
thanks yacov, I don't think the storm is over yet but unless you think altcoins are going to slide into the dustbin of history (NO WAY JOSE) they will be upping and upping for a long while yet.. peaks and troughs all the way! when 100billion becomes 10trillion you'll be swimming off into the sunset
One picture can explain more than 1000 words. Yes, it's the truth @outerground. Good cryptos cannot be controled, but can be influenced. That's were shark speculators usually rob panic driven unbelievers :)
yeah... if you have a look at the markets this morning.. I think you might find the sharks have already begun to eat the flailing sailors !
Funny enough this cycle keep repeating itself :)
yes, what a surprise ;) it's business as usual in the world of speculation accumulation and commodification.. all you need to remember is the big boys hold the power and stack it up for themselves.. all you can really do is keep your eyes and ears open and ...side surf in the sharks wake ! (learning as you go)
that's pretty interesting thanks a lot for sharing and keep on posting ;)
my pleasure, sure will ! you keep your eyes and ears open !
I'm a little nervous about the price crash, but am holding and buying more....... fortune favours the brave...... hopefully!!!!! Think we'll find out after 1st August xxxx
I wouldn't worry about anything, the sharks are in this morning beginning the gobbling up phase ! :)