Stealth Bear Theory Still Standing
It's great waking up in Europe the morning after the night before and seeing ANKR in another rally through the night into May.
Nevertheless, my theory remains intact so far, that ANKR will not break ATH but rather turn ALMOST GREAT before the drop.
In this way mega whales entice buyers to FOMO and join in the apparent rally, and then hold through the coming steps down.
Making money off of insecure investors who perhaps are merely speculators, but perhaps are new believers in the company.
Short sellers, intraday traders, brokers and exchanges all make money through the pivots.
Long investors must either tough it out or close their eyes and check back in a week, or a month.
Or give up their goals and abandon their plans, hopes, and dreams.
I remain a sleepy hodler until the new ATH.
Then maybe I will wake up, bail out, and FOMO 'til I buy back in.
But isn't this how promising start-ups shed their market cap?
Nevertheless, my theory remains intact so far, that ANKR will not break ATH but rather turn ALMOST GREAT before the drop.
In this way mega whales entice buyers to FOMO and join in the apparent rally, and then hold through the coming steps down.
Making money off of insecure investors who perhaps are merely speculators, but perhaps are new believers in the company.
Short sellers, intraday traders, brokers and exchanges all make money through the pivots.
Long investors must either tough it out or close their eyes and check back in a week, or a month.
Or give up their goals and abandon their plans, hopes, and dreams.
I remain a sleepy hodler until the new ATH.
Then maybe I will wake up, bail out, and FOMO 'til I buy back in.
But isn't this how promising start-ups shed their market cap?
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