@HarryChest 13 May 2021 more from that month

My take .. There will always be people who will have the power to influence whole markets. In my opinion the influence is limited though. Some of us HODL, some trade. HODLers get temporarily punished, a bit rewarded in the end. Traders again split into daily traders, wanting to make quick returns and large traders (companies included). Some portion of daily traders will panic-sell loosing money, driving the prifes down. Some traders work with derivatives and multipliers. A big portion of that will get liquidated in the early stages. Prices get trashed. Big investers with positions being liquidated will also influence the price. This is only phase I. In phase II the traders usually switch to derivatives and start shorting positions. This usually stabilizes the prices short term. In my opinion we are in this phase. Phase III is to follow ... Want to read on? #CryptoTrading