I guess I'm a stupid deplorable because I don't understand why everyone is over the moon about this games top thing. I don't play markets or anything of that nature. I have maybe 11 bucks in bitcoin. I have always been a bird in the hand is worth two in the bush kind of guy so I guess I am asking someone to explain this new event to me and other pedes on here like we are 5 year olds. Thanks.
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I agree. If you didn't get in on it before it became news, then I would stay away.
The bottom drops out pretty fast after it becomes news on pump and dumps. Hudge funds will spot the tipping point of them and start their shorts. I don't think that they go all in at first, but slowly invest a little at a time based on their risk assessments. You may see something called a dead cat bounce on this one.
https://www.investopedia.com/terms/d/deadcatbounce.asp
Timing