You are viewing a single comment's thread from:

RE: Liquidity Black Hole Theory and How it Now Applies to WLEO

in LeoFinance5 months ago

It's called wash trading. It's algos trading against themselves. The volume isn't real. I've seen it in other places too.

Hey, what do you do when everyone is a liquidity provider and nobody wants to buy and hold? You've got a big candy store and no buyers.

Think about the sustainability of this reasoning. Simple economics dictates diminishing returns, and somewhere along the line zero is reached.

$350,000 is a lot of money, and you've got a huge responsibility. Hope my observations and thoughts are helpful - I'm trying to be constructive - and best wishes for long term success.

Sort:  

It's a good marketing strategy and that's what we need at the moment. When new people aka. traders get introduced to leofinance some of them will join and maybe power up their leo.

Posted Using LeoFinance Beta