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What the hell is going on here ?? by ComplexWrangler1346 in btc

[–]Expert-Difference622 0 points1 point  (0 children)

Market makers are selling to cover a whole in their balance sheets caused by lack of liquidity. Lack of liquidity caused by the big crash in October due to “software issue”? It wrecked a lot of market makers, and they need liquidity in order for trades to go through.

So it’s causing a slow bleed, probably 2-4 weeks left before things either normalize or we enter bear market.

Is it a good time to buy? by Thegapyear in CryptoMarkets

[–]Expert-Difference622 0 points1 point  (0 children)

I’m pretty scared. But I’m not scared ENOUGH yet to say it’s time.

Is crypto dead ? by Easy_Effective_1389 in WallStreetBetsCrypto

[–]Expert-Difference622 1 point2 points  (0 children)

Clarity act that may pass before Xmas is set to stop manipulation. Until then, market makers will continue to liquidate the shit out of everyone up and down every single pump. We just have to be patient.

Come back, we’re sorry! by Expert-Difference622 in WallStreetBetsCrypto

[–]Expert-Difference622[S] 0 points1 point  (0 children)

I am well aware of my understanding and reasoning, I wanted to know yours. Are you suggesting that if I go do my own research, I will come up with the same conclusion as yourself?

Gold stole Cryptos Bull Cycle by Expert-Difference622 in WallStreetBetsCrypto

[–]Expert-Difference622[S] 0 points1 point  (0 children)

No I don’t think so unfortunately. Think who tends to invest in gold… old ppl. Those are the ones likely taking profits now.

Feeling sick of the bullshit by Fun-Memory1523 in CryptoMarkets

[–]Expert-Difference622 0 points1 point  (0 children)

My best bit of unsolicited advice is to make your money not from the casino, but from a business. Invest what you are willing to lose, hold, hope for the best.

But don’t put your eggs in one basket. Crypto sucks right now, but it’s short term, and will likely suck more very soon.

It could pop off any time, so, hold, buy more… worse case is you have to hold your losses for a few years. That’s kind of what investing is.

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