I admit to being new in the crypto world, a fascinating and chaotic universe. I have seen it all: influencers selling smoke and the coexistence of investors of all sizes, where passions and controversies are the norm. Adam Smith's 'invisible hand of the market' seems like a joke here.
Today, I focus on two situations. First, the launch of the cryptocurrency VANA. I bought at $20, saw its rise to $35 and its fall to $15. What happened? There must be something shady, even though the project is sold as great. Second, the market's fall after Jerome Powell's announcement about interest rates. Bitcoin fell, dragging everyone down. Some big investors are betting against it, taking advantage of the panic of the small ones.
The question is: how do we protect ourselves from whales? Although I do not share all the criteria of the SEC, we need clear rules. It is urgent. The stability and fairness of the market depend on it.
On all social networks, I have a single username: @edwinviene
Wishing you a happy and blessed dawn.