Inevitable to happen for one simple reason. Leverage and stupidity.
Continuously backing crypto investments with another and another leading
from bitcoin dominance will liquidate this entire market as bitcoin crashes in 2024.
Margin calls will be historic and impossible to understand for most traders trying
grasp what is going on.
Example:
Say you bought bitcoin at the bottom of a bear market. Then you leverage bitcoin to
buy ethereum. then you leverage ethereum to buy solana. then you leverage solana to buy cardano.
then you leverage cardano to buy other crypto assets and before you know it you are so over leveraged with backing your assets with very little capital that you liquidate yourself 100% when bitcoin crashes say 30 percent 50 percent 80 percent 95 percent. Those leveraged positions take time and that is where the manipulation comes in. Investors manipulate with marketing, advertising, hype and psychological games while they settle there trade positions. This is how the market falls apart.
Staking is another manipulator removing supply from a market is bullish yes but it can also be very bearish.
When an investment is staked your destroyed unless you bought the bottom of a bear market. Still you lose your realized gains very quickly and any position you recently added gets liquidated and prices plummet.
This market has topped out so be careful what you do next.
Continuously backing crypto investments with another and another leading
from bitcoin dominance will liquidate this entire market as bitcoin crashes in 2024.
Margin calls will be historic and impossible to understand for most traders trying
grasp what is going on.
Example:
Say you bought bitcoin at the bottom of a bear market. Then you leverage bitcoin to
buy ethereum. then you leverage ethereum to buy solana. then you leverage solana to buy cardano.
then you leverage cardano to buy other crypto assets and before you know it you are so over leveraged with backing your assets with very little capital that you liquidate yourself 100% when bitcoin crashes say 30 percent 50 percent 80 percent 95 percent. Those leveraged positions take time and that is where the manipulation comes in. Investors manipulate with marketing, advertising, hype and psychological games while they settle there trade positions. This is how the market falls apart.
Staking is another manipulator removing supply from a market is bullish yes but it can also be very bearish.
When an investment is staked your destroyed unless you bought the bottom of a bear market. Still you lose your realized gains very quickly and any position you recently added gets liquidated and prices plummet.
This market has topped out so be careful what you do next.