/biz/ - Business & Finance

File: 156 KB, 1526x517, wtf.jpg [View same] [iqdb] [saucenao] [google]

LINKUSDLONGS at ATH Anonymous Thu Dec 31 05:11:23 2020 No.25346017 [Reply] [Original]

Link bros, i dont feel so good..

>>	Anonymous Thu Dec 31 05:12:16 2020 No.25346030 >>25346017 redpill me and pretend that i don’t understand.

>>	Anonymous Thu Dec 31 05:13:03 2020 No.25346044 File: 78 KB, 736x507, 1608560517421.jpg [View same] [iqdb] [saucenao] [google] >>25346017 painful to watch

Anonymous Thu Dec 31 05:16:52 2020 No.25346102

>>25346030
the more retail investors bet on something happening, the more likely the opposite will happen
it's part a result of most people being by nature laggards (else it wouldn't be "most" people), and part a self-fulfilling prophecy as bigger and smarter traders see an opportunity
by opening a sizeable short and selling enough volume you can liquidate these longs, which causes even more sell pressure through cascading failure
this works extremely well in crypto markets which are manipulated with washtrading in the first place and have thin liquidity

>>	Anonymous Thu Dec 31 05:18:48 2020 No.25346128 >>25346102 ty, all clear. so i can read the chart as: people are opening longs, the # longs is at ath. since the majority will expect this, the opposite will happen. got it.

>>	Anonymous Thu Dec 31 05:19:04 2020 No.25346131 >>25346017 Imagine the long liquidation dump. LINK could go to 6$ if a liquidation hunt happens, which it probably will.

>>	Anonymous Thu Dec 31 05:26:24 2020 No.25346209 >>25346131 Soon as we hit aave liquidation points it's going to be a complete firestorm. We may literally wick down to $1 again.

>>	Anonymous Thu Dec 31 05:29:25 2020 No.25346246 >>25346209 Hope so everyone feeding leverages deserve to lose it all

>>	Anonymous Thu Dec 31 05:34:55 2020 No.25346325 >>25346246 I'm included - if it hits $3 i'd be hit. That said i'm keeping a close eye and have money to lower it if need be.

>>	Anonymous Thu Dec 31 05:44:45 2020 No.25346476 >>25346209 I would even go that far and say we could even dump to 0.00000001$

>>	Anonymous Thu Dec 31 05:45:51 2020 No.25346493 IT UNSTOPABLE AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH TAKE A LOOK AT FUCKING METTALEX PUSHING (X3 FOR A WEEK) DON’T USE DUMP SHITCOINS ALREADY PUSHED ON BINANCE SMART EXCHANGE CHRISTMAS SPECIAL EVENTS EVEN THOUGH IT IS NOT LISTED YET!

>>	Anonymous Thu Dec 31 05:48:46 2020 No.25346545 File: 246 KB, 570x766, 1602578266494.jpg [View same] [iqdb] [saucenao] [google] >>25346017 >>25346044 >>25346102 >>25346128 >>25346131 >>25346209 >>25346246 >>25346476 you fucking faggots show your shorts. im waiting

>>	Anonymous Thu Dec 31 05:51:16 2020 No.25346593 Winning strategy is fade the public. Contrarian pays

Advanced search
Text to find
Subject [?]Search by post subject. Leave empty for any.
Username [?]Search for user name. Leave empty for any user name.
Tripcode [?]Search for tripcode. Leave empty for any.
Email [?]Search by email. Leave empty for any.
Filename [?]Search by image filename. Leave empty for any.
From Date [?]Enter what date to start searching from. Format is YYYY-MM-DD
To Date [?]Enter what date to start searching until. Format is YYYY-MM-DD
Image hash
Search in	All Posts OPs Only
Deleted posts	Show all posts Show only deleted posts Only show non-deleted posts
Internal posts	Show all posts Show only internal posts Show only archived posts
Order	New posts first Old posts first
Capcode	All Posts Only by Users Only by Mods Only by Admins Only by Developers
Results	Posts Threads
Action	[ Simple ]