If you invested $125k in potatoes last month, you’d be a millionaire today because Potato prices pumped +704% in the last month.
Bro, we are now getting outperformed by fucking potatoes.
Trading isn't about taking every opportunity.
It's about waiting for the right one.
Most Traders lose because they act too fast.
The patient ones take their time and take the profits.
@RippleXrpie Notice how Bitcoin didn’t really sell off — institutional capital was already positioned there.
Call me crazy but what we witnessed this afternoon was institutions entering the altcoin market.
Covid crash: $1.2B in liquidations
FTX crash: $1.6B in liquidations
Yesterday 10/11: $19.14B in liquidations
The first 2 were literally the best days of the last decade to buy.
Yesterday will probably be the third.
Crypto is a rigged casino, and today’s events prove it beyond doubt.
A single colossal BTC whale shorted at the peak, then, just minutes before the market-shattering crash, piled on millions more in shorts.
At the very bottom of the drop, he closed 90% of his Bitcoin short and completely exited his Ethereum short, pocketing roughly $190–$200 million in a single day. That’s the only instance we can trace, but speculation is rampant that the scale was far larger and extended across other exchanges.
Don’t be naive, this wasn’t luck. Someone was either manipulating the market or front-running it. Either way, the collapse was engineered, and investors have every reason to be alarmed.
BREAKING: Look at this.
A new crypto account was opened yesterday morning.
30 minutes BEFORE Trump's announcement of 100% tariffs on China, it added a huge multi-million dollar levered Bitcoin short position, per YF.
The market dumped.
The trader made a profit of $192 million in two hours.
Unusual.