21/11/2024

The way they manipulate the price #BTC☀ is quite interesting. It seems that the game creators want the world to associate BTC with becoming a safe haven asset like #Gold . People are rushing into the market with the hope of owning BTC at a 'cheap' price before it rises to 150k-200k.

From a financial perspective, I want to analyze a bit. In any market, when a small number of people hold 80% of the resources, they can 'price the goods' of the market: Gold, stocks, real estate, oil, ... and Crypto is no exception. Most people understand that, but forget to think about the purpose of this 'pricing'. It is the 'seizure' of assets.

If you keep money in your pocket, they will 'seize' it by creating 'inflation'.

If you take your money to invest in a type of asset, they will 'seize' it by advising you on 'loans' to increase investment value in 'assets' that are inflating, they seize your money by decreasing the asset value in the market and making you stuck in those loans, ultimately you sell the asset cheap to pay off the debt, or lose everything.

The financial market has never been easy, do not misprice the value of assets. It will drown you deeply in losses.

Not using leverage means there will be no noose tightening around your neck.

I write these things for those who harbor the dream of 'x50, x100, becoming rich overnight' to wake up soon. Knowledge keeping up with assets will not fear losing everything, knowledge not keeping up with assets, no matter how much you have, you will end up empty-handed.

Respectfully!