Crypto market is dumb.
I have seen smart people too here.
Few days back,on CND coin on Binance,i saw somone bidding 1% higher in Index than current prices.(he was large investor too.)
Average joes will think that such bidder is dumb as f*** but prices went higher than current level within 1 or 2 sec with a green sign.
The others bidded near his bid number and coin went more than 5 % in few minutes.
While about dumbfucks..
they bid lower than current levels thinking they are Einstein..but this cheapos are met with another batch of cheapos who will bid even lower than first cheapo taking coin to even below levels.
What's the point of bidding 1 or 2 % lower if such cheapo's action will take your desired coin down.
Bidding lower than current prices is like arrow to the knee action.
At least someone should have mentality to bid at current prices...such actions which will not take coins down.
I have seen smart people too here.
Few days back,on CND coin on Binance,i saw somone bidding 1% higher in Index than current prices.(he was large investor too.)
Average joes will think that such bidder is dumb as f*** but prices went higher than current level within 1 or 2 sec with a green sign.
The others bidded near his bid number and coin went more than 5 % in few minutes.
While about dumbfucks..
they bid lower than current levels thinking they are Einstein..but this cheapos are met with another batch of cheapos who will bid even lower than first cheapo taking coin to even below levels.
What's the point of bidding 1 or 2 % lower if such cheapo's action will take your desired coin down.
Bidding lower than current prices is like arrow to the knee action.
At least someone should have mentality to bid at current prices...such actions which will not take coins down.