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RE: Live Cryptocurrency Technical Analysis - Chart Guys Live @ 8:30 PM EST 5:30 PM PST - July 4th, 2017!

in #ethereum7 years ago

i guess it comes down to the basic principle of "do unto others as you would have them do unto you". life is nicer if people are honest. simple. i like honesty.
in poker, bluffing is part of the game. it adds to the fun and complexity. it's expected, even by new players. so people bluffing aren't asses, they're players.
perhaps i'm wrong but i thought layering fake bids and asks to manipulate the market was frowned upon and legislated against in traditional markets. for sure people still do it but... i get that crypto markets are the "wild west" but noobs maybe don't realise that they are being played by these fake walls... so i guess it's good in a way that you are at least drawing their attention to the fact that this goes on...
markets are supposed to enable price discovery for assets and commodities. they can't do that effectively if all the price movements are just a reaction to bullshit in the orderbooks.

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Sit on your hands if you want to get out safe.
If you want to trade, you've got to play.

See trading as a game :) You need winners and losers.

I'd recommend to buy and wait.

Play basketball in the mean time ^^

(I'm going against my own advice btw :p)