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55553096 No.55553096 [Reply] [Original]

>Yesterday's pump got wiped out in an hour
Why?

>> No.55553124

>>55553096
Because when the price stops moving and the volume dries up you sell and take your profits. Trading 101. Don't be the moron who thinks the party is going to keep going when the music stops and people start leaving.

>> No.55553200

>>55553124
I can't do the constant trading thing.
I buy and hold
When the suicide prevention hotline gets posted on Reddit, I buy more and continue to hold.
When the market has been pumping for months on end and everyone around here starts talking about muh golden bull run, I take some profits and continue holding the majority.
I've been through cycle after cycle and it's the same story over and over.

>> No.55553213

>>55553096
Going to get a lot lot worse.
I'm Samson bringing down the temple.
It's not just crypto.

>> No.55553216

>>55553096
Jews most obviously

>> No.55553220

>>55553096
XRP is s worthless shitcoin.

>> No.55553256

probably a slow drop down to 15k then a year and a half of crabbing before the next bullrun

>> No.55553269

>>55553256
Absolute bobo delusion

>> No.55553275

>>55553124
That's the superficial answer, more interesting to know would be why the big players aren't pushing this above the 32k-33k resistance where it would likely trigger buying volume again. And instead decide on taking profits. Not enough shorts to liquidate? Not enough retail interest yet? Not accumulated enough yet? Wipe out longs? Insider informations?