@bitcoinmalaya There’s nothing wrong if u make ur income in bitcoin, us stocks, crypto and after that store that in low risk ie ASB, EPF, TH. It’s more of a risk management.
@ZacZakirin13 There’s a movie called Concussion starring Will Smith about the effects of head collision in american footballers. Brain damage could be a factor also.
gotta love how a lot a major CT accounts suddenly bullpost about pengu all at the same time, more or less 4 hours ago right when it was at diagonal resistance
let me explain how this works for the noobies/beginners:
- some major accounts communicate together about a coin that looks good TA wise
- they load up on perps
- all tweet at the same time more or less, followers buy-in as well pushing price into break-out mode, price breaks out and gathers speed
- they unload their perps
sharing this for 3 reasons with you:
1: you can take advantage of that, the minute you see many accounts posting, by quickly longing the coin as well, and taking profit quickly afterwards (follow your trade live)
2: be careful to long these coins very heavy since you know you will eventually get dumped on
3: just explaining how a lot of large CT-accounts literally abuse their followers for their own gains
let me be clear that i never engage in this kind of coordinated CT pumps between larger accounts, you never see me shilling individual coins, but trust me, this happens often and yes these accounts do work together, i got that from reliable sources
welcome to CT
good night
Sunk Cost Fallacy in DeFi : Data-Backed Examples & Solutions
Why it’s lethal in DeFi:
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A Thread 🧵
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@bitcoinmalaya Still thinks this is not a bad way to start. The way to do it (at least for me) is to make ur money in more risky investments, take profit into less risk investments. The problem is most if us never start early thus prompting in unnecessary spending, etc.