Frankly, I'd say they had it coming. Who in their right mind would short Ethereum Classic (ETC) when it is due for a Coinbase listing, for all we know in the next few weeks?! Just because you saw some whale hammer the price down so they could capitalize on the panic and buy more, you thought it was a good time to short ETC? Forgive me for being a little straightforward, but you had it coming. If you don't understand the game, just stick to simple buying and selling. How does that work? Well, you buy when it is dirt cheap and you sell when it is insanely pumped up. There's nothing simpler than that.
Note
The way these market makers are playing their games to shake off weak hands before Coinbase listing tells me this rally is going to be HUGE. Don't forget to be on the right side of this deal.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.