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Cryptocurrency

markysimmo said:
Whole market has absolutely tanked in the last 3 hours, ouch !!!
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Brutal! All the tapering stuff from the fed not helping, hoping this is priced in now. I never trust weekend pumps or dumps when other markets & institutional markets are closed so don’t make big changes to my stack at weekends. Good luck all
 
Just back good projects and waiting till they hit a price you like. Kilt and mrk along with algrond and the usual suspects of polygon, ethereum and ripple will be worth more in 12 months time.

I will sell some holdings because I am going back to China next year for stem cell therapy, what could go wrong. Not like the will be another pandemic will there...
 
Danishfurniturelover said:
Just back good projects and waiting till they hit a price you like. Kilt and mrk along with algrond and the usual suspects of polygon, ethereum and ripple will be worth more in 12 months time.

I will sell some holdings because I am going back to China next year for stem cell therapy, what could go wrong. Not like the will be another pandemic will there...
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good luck with your therapy fella
 
markysimmo said:
Whole market has absolutely tanked in the last 3 hours, ouch !!!
Click to expand...

It's all these idiots buying on leverage, I still reckon it's all rigged. The exchanges can see what their payouts are and if it gets too much have all the data needed to crash it. Leverage should be banned but doubt it will happen.
 
P.D. said:
It's all these idiots buying on leverage, I still reckon it's all rigged. The exchanges can see what their payouts are and if it gets too much have all the data needed to crash it. Leverage should be banned but doubt it will happen.
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Loads of manipulation from market makers and large whales with size. Over leverage in the system a huge factor, add in tapering and macro uncertainty with Omicron etc, you have liquidation cascades from over leverage and risk off rotation into safer assets, stable coins, cash etc.
Leverage. 47/48 needs to hold on weekly or 43 ish is next support on high time frame.
 
P.D. said:
It's all these idiots buying on leverage, I still reckon it's all rigged. The exchanges can see what their payouts are and if it gets too much have all the data needed to crash it. Leverage should be banned but doubt it will happen.
Click to expand...
 

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