15.6 C
Manchester
October 2, 2022
Image default
Bitcoin

Lark Davis: Don’t be whale food. Don’t sell Bitcoins easily! –

A well-known investor and analyst from the cryptocurrency market Lark Davis warns that during corrections on the digital currency exchanges the so-called big fish. Now that Bitcoin is losing value, big investors may want to take advantage of the declines to buy “cheap” cryptocurrencies. According to the expert, smaller players on stock exchanges should not be subject to price manipulations.

Lark Davis: bigheads want your bitcoins!

– There are very rich and powerful players in this market who are very good at manipulating the market. They’re good at the game, aren’t they? And they play it while having billions of dollars in capital. They shake the market with mass sales – Lark Davis explained Youtube. Then, when the rate drops, they take back the Bitcoins that panically sold after a 10% drop. They want to shake the market and repeat [wzrosty]. Over and over again. Getting more Bitcoins, adding to your wallets – this is the process of trying to get you out of your position. Remember, my friends, don’t be whale food – advises investors.

During the Bitcoin boom in 2017, the most popular cryptocurrency fell by 30% on the chart many times. or more. And yet, it did not stop her from getting ATH of as much as $ 20,000.

Bitcoin today

Currently, BTC costs USD 35,400, which translates into a decrease of several percent. compared to the last record we saw at $ 41,940.

It is worth adding that the correction has not been too deep so far. Analysts and investors believe that it was a dangerous phenomenon in general. For example, a few hours ago, the stock exchange veteran Peter Brandt said that the cryptocurrency “She wasn’t even close” breaking a parabolic uptrend.

Current course You can always check Bitcoin and other cryptocurrencies in the tabs: exchange rate Bitcoin and the cryptocurrency rate on the website . A place where you can buy BTC and more coins, include cryptocurrency exchange BitBay.net. If you do not have an account on BitBay yet, from this article you will find out how you can efficiently create one: LINK.

Related posts

Open your own Bitcoin Exchange |

Aparnna Hajirnis

FINALLY, BITCOIN WILL GET GREAT! What about ETHEREUM? + Analysis of XMR, SHIB, KAVA, BAT, ZEC, NEO, IOTA –

Aparnna Hajirnis

More than 700,000 wallets have at least 1 Bitcoin

Anupreet Kaur

Leave a Comment