Daily Market Update
I hope everything is fine and you guys enjoyed the weekend. I did, of course.
I like to give you guys a quick update on the current market situation. As you all know, it is not the best time for your Blockfolio right now. Many people are in fear and weak hands dumped their assets (most weak hands should have sold by now). In my opinion, the worst thing you can do right now. Anyway, that is not the point I like to discuss.
What is really interesting is huge hedge funds (the Rockefellers and George Soros) that are in the market. Or, as they say, ''preparing'' to trade cryptocurrencies. And that ''preparing'' is the key point in the announcement. Hedge funds are in the market for one thing only: making money. They don't care about society, the planet or animals, they care about money. A lot of money. These, so called, institutional investors will never give other parties (or consumers) the opportunity to invest in a market before they do. In other words, the huge funds that are ''preparing to invest'', already invested. They used the bad news, weak hands, bad TA's and panic to accumulate their cryptocurrency portfolios. The announcement that they ''prepare'' is most probably the go-ahead that their bags are filled.
Have some trust, this market is just getting started. Patience is key in situations like this! :-)