If You Sell, Someone Else Buys .:. Hump Day Easy Talk
Another burning week in the crypto-spere... If you have checked the markets yesterday, you have probably seen everything in red... Nobody likes to see that, but we should get used to that as it is a normal market "happening"... The price can't go up all the time, and red candles are the same good as the green ones...
I have put a short reminder in the title of this post... When you create a sell order, you are pushing the price down, but that red candle is "executed" at the moment when someone BUYS and executes that order! This means that someone is buying those cheap coins that people are selling... That is just a natural way of survival... :) Weak hands are changed for strong hands...
Also, in the video, I was talking about other things regarding markets and covered some "fake news"...
Thank you for your valuable time,
~ph~
Music in video:
Growing Up by Scott Buckley https://soundcloud.com/scottbuckley
Creative Commons — Attribution 3.0 Unported — CC BY 3.0
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▶️ 3Speak
Yes o, u create someone else buys.
Indeed... The first thought of people when they see red candles is that people are selling, but forget about the fact that someone is buying that!
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50% price going up on cooking oil is really steep. We're experiencing the early aftermath effects of the lockdowns probably. But hey, there's a solution: cook with no oil or go vegan/vegetarian. :) I'm curious what solution we'll have if/when the price of electricity or gas will be 50% higher. We already had an increase of roughly 20% on the price of electricity. Oil price is up, so I'm sure gas price is up too, or will be soon.
Oh, I forgot to mention that! There was a huge bump price of electricity in Spain... Waiting to get my bill... I hope I will not get a heart attack when I see it... The irony is that Spain has the most sun and wind (not sure about the wind, but I think that they have), and the most expensive electricity in the whole EU! Just crazy...
We are paying the price of corruption... I really hope that our crypto bags will help us to survive the next 2-3 years (or more) as I don't see any other solution...
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tokens.