/biz/ - Business & Finance

i am a REQ whale with more than 10 million REQ, all of which i acquired below ICO price back in october. REQ performed way better than i thought it would in december/january, and i cashed out more than enough to live comfortably for the next few decades.

after cashing out a few million dollars, i let my remaining 10MM REQ tokens ride. however, after realizing the volume for REQ on binance was so drastically low, i figured it was more profitable to actively manipulate the market, than to hope for another bull run of 2017 proportions.

so i dumped.

and dumped.

and dumped.

i found the best time to dump was not when the price was tanking (medium-sized bag holders with 100k+ tokens will take care of that for you), but when the price was mooning - or looked like it was about to moon. here's a secret for you: REQ has some of the weakest bulls of any coin on binance. usually it only takes less than a million tokens, efficiently timed, to crush any small pump and take REQ/BTC ratio back into the red for the day, where it ought to be.

want to know why for the last 38 days on binance, the REQ/ETH chart only has seven - yes, seven - green 1-day candles?

because of me.

want to know why everything today seems to be in the green, but REQ is still struggling to make it back above 10 cents, and has currently dipped to rank #148 on coinmarketcap?

because of me.

i refuse to let the price go up, and i won't for a while. in case you're wondering, that 10MM tokens i let ride now exceeds 13MM, simply from doing this over, and over, and over again.

i am a bagholder's worst nightmare.