Crypto Influencers: A Tale of Self-fulfilling Prophesies!
Ladies and gentlemen, I am a crypto-influencer. Well, not really...I am not. I don't have the popularity, I don't have the time, I don't have the skills and above all I am pretty sure that at my 42 I will most probably look to most of you as a boomer!
But let's say I am and go check my everyday routine in a hypothetical scenario that it is really not so fictitious...
So, I am making breakfast and check the market. This weird $IOTX coin looks in a favorable trading position. Not that I am a great analyst, but hey, I can read RSI and MACD. I grab my phone and let my inner circle know... I have the next prophesy at my hands. I know the coin that will pump and I will share with you my loyal minions once I receive my usual fee... no free lunch - you know, I have an iguana & 2 spiders to feed.
Now, I am sitting in my laptop and prepare the narrative. A lot of copy paste with a few key words like tech, idea, potential etc. Look at that, my minions fetched the money. Take those money and invest in the coin first, in the low price it is....
Time to share my wisdom with my inner circle minions. They get my message and rush to position themselves. Here we go the first little signs that my prophesy is correct. The coin begins to move even if only slightly. Time for stage 2... YouTube video premiere in 1 hour. I will share the secret with the public... my poor followers that can't afford to buy themselves a ticket to the inner circle. Cheap little @#%@#$
Look at them... they buy the coin en mass. My prophesy was correct. The coin pumps. Time to withdraw with my nice fat profit. Done... now let me signal it to my loyal minions... signal to sell... they will get much less but it covers my fee!
Hey, I forgot someone... ooohhh yes.... the cheap little @#%@#$... yeaaa I know, my signal was correct but they are greedy. They should have withdrawn earlier. After all, guess what!
Disclaimer:
As always... not a financial advise. DYOR and have fun in crypto wonderland!
