So, here I am back at buying the first lot with $HBAR and it hit the right numbers with $ZRO .
Some folks were running around saying it wouldn't go lower, telling everyone to scoop up the bottom, that the whales are accumulating, and blah blah blah.
But when it comes time to buy, you can't see them because they're sitting on huge losses and fully invested, waiting for a miracle.
That's the reality of today's market, where 95% are just random people calling themselves investors in the blockchain.
Honestly, it doesn't scare me; I've said it before, these people will be carried out feet first because they aren't the first ones to think that the market (in their case, crypto) is going to make them rich.
Yet they lack knowledge, experience, and understanding of market mechanics.
This is what I call 'dumb' liquidity, which quietly got absorbed into the pockets of completely different and, more importantly, smart people.
They created a product, launched marketing, and traded useless tokens for real money, and now these buyers of junk are running around waiting for their trash to be refunded and hoping for some rewards…
It's just absurd 😎🤷🏻♂️
Some folks were running around saying it wouldn't go lower, telling everyone to scoop up the bottom, that the whales are accumulating, and blah blah blah.
But when it comes time to buy, you can't see them because they're sitting on huge losses and fully invested, waiting for a miracle.
That's the reality of today's market, where 95% are just random people calling themselves investors in the blockchain.
Honestly, it doesn't scare me; I've said it before, these people will be carried out feet first because they aren't the first ones to think that the market (in their case, crypto) is going to make them rich.
Yet they lack knowledge, experience, and understanding of market mechanics.
This is what I call 'dumb' liquidity, which quietly got absorbed into the pockets of completely different and, more importantly, smart people.
They created a product, launched marketing, and traded useless tokens for real money, and now these buyers of junk are running around waiting for their trash to be refunded and hoping for some rewards…
It's just absurd 😎🤷🏻♂️