/biz/ - Business & Finance

I am a RLC whale with more than 1 million RLC, all of which i acquired below ICO price back in october. RLC performed way better than i thought it would in november, 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 1MM RLC tokens ride. however, after realizing the volume for RLC 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: RLC 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 RLC/BTC ratio back into the red for the day, where it ought to be.

want to know why 10k sats got rejected on binance, the RLC/ETH chart only has seven - yes, seven - green 1-hour candles?

because of me.

want to know why everything today seems to be in the green, but RLC is still struggling to make it back above 80 cents, and has currently dipped to rank #78 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 1MM tokens i let ride now exceeds 1.3MM, simply from doing this over, and over, and over again.

i am a bagholder's worst nightmare.