See original
Sanchez_Erick
--
Bullish
Welcome back to zone 85K
I could be wrong ... but I expect this movement and the reason is that ... 99% of people bought altcoins in FOMO .. did not sell at the pump and now they are at a loss..
This means that their profit was just numbers, and now their loss is real .. Now, if the market goes up, it should provide profit for spot traders, but why should it do that??
Right now, I expect strong fluctuations, where new traders will realize losses, and the market will pump hard..
Only holders will survive, but I am sure they will have to wait for this.
I could be wrong ... but I expect this movement and the reason is that ... 99% of people bought altcoins in FOMO .. did not sell at the pump and now they are at a loss..
This means that their profit was just numbers, and now their loss is real .. Now, if the market goes up, it should provide profit for spot traders, but why should it do that??
Right now, I expect strong fluctuations, where new traders will realize losses, and the market will pump hard..
Only holders will survive, but I am sure they will have to wait for this.
0 people tipped the creator.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
205
0
Replies 0