Yesterday I bought the bounce on BCH and PYTH.
The outcome was quite interesting.
PYTH's price action resembled a standard game:
Panic, sell-off, recovery, funds flowing back in.
But BCH was nothing like that.
It made me realize something again:
A lot of folks think that all coins in crypto will rotate.
But that's not the case.
Some coins,
the story is over,
and liquidity really dries up.
Even if it once shone bright.
Exchanges are like casinos.
Each coin,
is like a different table in a casino.
Some tables are always packed with players.
Others,
the dealer is even too lazy to put on a show.
BCH gave me the feeling this time:
"The table is still there, but the players are few."
The scariest drop,
isn't the crash itself.
But rather when even the bounces start to weaken.
Challenge to make a million in a year
May 19
Day 365 + 73 days:
-16694
Total +¥443,590 +¥135,261
The outcome was quite interesting.
PYTH's price action resembled a standard game:
Panic, sell-off, recovery, funds flowing back in.
But BCH was nothing like that.
It made me realize something again:
A lot of folks think that all coins in crypto will rotate.
But that's not the case.
Some coins,
the story is over,
and liquidity really dries up.
Even if it once shone bright.
Exchanges are like casinos.
Each coin,
is like a different table in a casino.
Some tables are always packed with players.
Others,
the dealer is even too lazy to put on a show.
BCH gave me the feeling this time:
"The table is still there, but the players are few."
The scariest drop,
isn't the crash itself.
But rather when even the bounces start to weaken.
Challenge to make a million in a year
May 19
Day 365 + 73 days:
-16694
Total +¥443,590 +¥135,261