Who is the 'House' and do they have a win rate of over 80%? 🤔
When mentioning the 'House', many people may immediately associate it with individuals or organizations capable of influencing or manipulating a coin or a group of coins in the cryptocurrency market. But have you ever wondered who they really are, and why they have such a significant influence? Let's delve deeper to understand more! 🚀
What is the 'House'?
Simply put, the 'House' refers to individuals or organizations with extremely large capital, enough to influence and adjust the price of an asset, usually a coin in the market. They are not retail traders but rather 'big players' capable of causing significant market fluctuations. When they focus on a coin, their goal is to attract the attention of investors, causing many to rush in, thereby pushing the price up.
So, why is the 'House' important? 🤷♂️
Without the presence of the 'House', the market would become stagnant, trading would trickle down, and may even come to a halt. Retail investors would struggle to create enough volatility to attract attention, and the value of coins would not be able to change significantly. The 'House' is the factor that helps maintain the vibrancy of the market, creating opportunities for participants to profit from price fluctuations.
So does the 'House' have a win rate of over 80%?
This is a question that many people wonder about! Although it's impossible to state an exact number, it can be said that the win rate of the 'House' is very high, if not superior to that of regular investors. This is because they have very sophisticated investment strategies, along with the ability to manipulate crowd psychology. When they attract enough investors to a coin, they can adjust the price as they wish, making their win rate in these cases often quite high.
So is the 'House' good or bad?
This is a difficult question to answer because everything has two sides. On one hand, without the 'House', the market would lack dynamism and would be unable to attract new investors. The 'House' creates volatility and excitement in the market, providing profit opportunities for many. However, the downside is that when they manipulate excessively, creating price 'bubbles', retail investors can easily become the ones who suffer when prices suddenly drop sharply.
In summary, the 'House' can be considered necessary in some situations, but caution is also needed regarding the negative influences they may create. 😎
So, is the 'House' good or bad? It certainly depends on the perspective and strategy of each market participant! But remember one thing: Caution and patience are always the keys to avoid getting 'hoodwinked' in this world! 🧢💸