#btcstarburst The Death of a Stable Coin…
What are algorithms, how smart can the really be? Honestly many of these things are way over my head… Like these pre-existing lines that resist and support Bitcoin. Leverage is the killer…The house always wins…Thought Luna running on trading platforms supposedly stable, however the exchanges have their own algorithms…when leverage is cascading down, the liquidations are happening, falling knife AKA THE RED WATER FALL OF DEATH, not to mention smart trading bots trying to realign. How are smart algorithms going to get PEGGED back on track, while this continues to happen… Next… Fear causes sell offs… The cycle continues… I FEEL FOR THE COMMUNITY AT LUNA, THIS WILL BE HARD TO OVERCOME…
The only way to every escaping this type of mess is avoiding a centralized exchange that uses order books, that has heavy trading… But then how would we make money…. Unfortunately regulated exchanges are the process, this would control manipulation… LUNA ( A set up like —-HooD ) would probably be key to how Crypto exchanges could better protect projects like Luna and many others…This is a thought, A Gann Study , DCA Safely. The grid would be complete … the yellow line stems from the March 2020 start, The Purple was the final support incase we were off a bit.. Pretty freaking close… When lines exist before The Beast gets there.
The only way to every escaping this type of mess is avoiding a centralized exchange that uses order books, that has heavy trading… But then how would we make money…. Unfortunately regulated exchanges are the process, this would control manipulation… LUNA ( A set up like —-HooD ) would probably be key to how Crypto exchanges could better protect projects like Luna and many others…This is a thought, A Gann Study , DCA Safely. The grid would be complete … the yellow line stems from the March 2020 start, The Purple was the final support incase we were off a bit.. Pretty freaking close… When lines exist before The Beast gets there.
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