You are viewing a single comment's thread from:
RE: Chart of the Day: STEEM update
Good optimism @wildtrader; but, realistically when you see 'whales' quietly exiting stage left, one would be hard-pressed to believe your theory.
Now, for the sake of the 'Once upon a time....to the moon!' okay, I'll play along...lol...
Of course, if it does, STEEM/SBD will go into maintenance mode on exchanges until all the air is let back out again....oh dear goodness...
Peace.
I man support and resistance to keep it in check. This is just a point in time. Price fractals do morph. But big money is not always smart money. I've seen that enough times in my 18 years. I know plenty of inexperienced big money in the crypto market that is playing the role of 'whale' but acting like a sea anemone.
Yes! Lots of money does not always equate to lots of financial sense. I'm reminded of the number of millionaire lotto winners and athletes who end up financially destitute; because, they overestimated the power of the poorly-invested dollar.
Peace.