And people wonder why markets drop faster than they rise, when so often here explanations and preferences are stated .... about when price is in an uptrend. Only.
I remember back in the 90s' when the new $100 dollar bill (enhanced security - thread sandwiched thru the middle and oversized offset portrait of old Benny F) people though they were fake. Guess they needed to have OrangeMan on them to not be "fake".
Anyway younger generations are accepting of...
The same can be said for cash and credit. Are all cc fraud victims made completely whole 100% of the time?
Were all Bernie Madoff's victims (and every other Ponzi victim since Ponzi "invented" the first pyramid scheme) made whole?
You're looking at cryptos as if they are something new with...
Lost in all the talk about fraud is how for centuries humans have committed fraud with paper money and then in the modern times, pre-cryptos, with electronic money.
Same old, same old.
Many, I include myself in that group, start with a loose stop and tighten based on PA and trading plan particulars.
We also like to sell high, buy low. Both ways (long and short) work ya know.
Agree. Currently sitting on monthly support 0.99410 area. If broken 0.87120 area is next to watch. Then potential new all time lows below 0.82270.
Certainly no upside reversal in sight ATM.
edit: updated chart image to add LH's LL's markers.
Maybe Blue was thinking profitable ... capital gains-wise.
Sitting and watching the grass grow while big Redwoods reach for the clouds ain't too exciting for those looking for income and appreciation.
LOL BBBY -4.83 -20.93% today. Nothing like staying current. Simply click/check yahoo or some other freebie site, if you are someone who doesn't even have a broker to check with.