Survive the bear market thread

Big guys, known as whales want YOU to sell your Crypto assets as cheap as it's possible. It might seem pretty obvious, but there are handful ways they scare retail investors. It's happened before, and it's happening now, in front of our eyes

At first, I’ll show you past events, mostly from the beginning of 2018. Then we will go through current situation. I bet you’ll be amazed with all the similarities. It may really help to understand some aspects of Bear Market and increase your self-awareness at this hard time

Let’s get back to the ~2018 times. After the awesome Bitcoin Rally bad news started to appear. One of the first flashpoints was

@coinmarketcap removing Sth. Korea Exchanges, what made many investors sell their positions.

Why would such info scare so many investors? Price which is showing on CMC is an arithmetic average of all Cexes listed on the site. At that time, on Sth Korea exchanges Bitcoin was priced much higher. Removing it caused a massive price drop. No warnings made before the fact.

Then they came up with the classic. Tether might fall?? Is tether really backed with any real dollars??? Yeah, we’ve already seen that recently. It also created a panic, that all the other coins could lose their currency pairs, and crypto is going to D I E. blah blah

Indie. Finance Minister, Arun Jaitley: “Cryptocurrency is not legal tender in India but the government will explore its underlying technology, called blockchain, to usher in the digital economy.” Can’t forget, that Indie was a huge volume provider to crypto.

Big banks banned their customer’s transactions to Crypto Exchanges, blocked some of the accounts involved in buying/selling cryptocurrencies. Also decided not to giving loans to spend on crypto. Many more banks followed these giants. Painful punch for crypto.

Survive the bear market thread

Big guys, known as whales want YOU to sell your Crypto assets as cheap as it's possible. It might seem pretty obvious, but there are handful ways they scare retail investors. It's happened before, and it's happening now, in front of our eyes

At first, I’ll show you past events, mostly from the beginning of 2018. Then we will go through current situation. I bet you’ll be amazed with all the similarities. It may really help to understand some aspects of Bear Market and increase your self-awareness at this hard time

Let’s get back to the ~2018 times. After the awesome Bitcoin Rally bad news started to appear. One of the first flashpoints was

@coinmarketcap removing Sth. Korea Exchanges, what made many investors sell their positions.

Why would such info scare so many investors? Price which is showing on CMC is an arithmetic average of all Cexes listed on the site. At that time, on Sth Korea exchanges Bitcoin was priced much higher. Removing it caused a massive price drop. No warnings made before the fact.

Then they came up with the classic. Tether might fall?? Is tether really backed with any real dollars??? Yeah, we’ve already seen that recently. It also created a panic, that all the other coins could lose their currency pairs, and crypto is going to D I E. blah blah

Indie. Finance Minister, Arun Jaitley: “Cryptocurrency is not legal tender in India but the government will explore its underlying technology, called blockchain, to usher in the digital economy.” Can’t forget, that Indie was a huge volume provider to crypto.

Big banks banned their customer’s transactions to Crypto Exchanges, blocked some of the accounts involved in buying/selling cryptocurrencies. Also decided not to giving loans to spend on crypto. Many more banks followed these giants. Painful punch for crypto.