REPORT ABUSIVE REPLY
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Message Subject
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Anonymous trader buys $400 million in bitcoin
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this is exactly how dumbfucks get burnt. news gets out that someone bought a bunch of bitcoin, then the sheep figure they will buy too. in the meantime, this big buyer is selling while the sheep are buying, at higher prices.
Quoting: anonymous4412 Hmmm? Well if you are buying and holding, then perhaps, else.. everyone is selling at higher prices.. that's the point! Anyway look, btc went up 5,000$ on it's own, back to 11,000$ levels, and is still raising, before that 400 million purchase.. BTC practically doubled in price naturally, in a month's time. You know, even if it crashes eventually, who cares, get in, make money, get out. Don't be like the people who didn't invest in Google when it was a penny stock!
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