Member-only story
Markets Are Designed To Piss Off Risk, Not To Accept Risk
The 90% Think Just The Opposite
To be a consistently successful trader you must think like a professional. Markets are created by professionals for professionals.
This is true whether it be in securities, bonds, commodities, bitcoin, and even shitcoins!
As a matter of fact, understanding this concept is best exemplified in the current crypto exchanges that offer shitcoins! To get a shit coin listed the creators usually pay exchanges to list the shit coin.
Essentially, shit coins piss all over themselves to attract the foolish and unwary. Here is a classic example!
Can someone please enlighten me on what is being communicated here? To this old goat, it is gibberish. This shit coin creates an unintelligible language, pretending it has underlying value.
But I am not just a goat but an old, ugly one at that! How could I know anything?
Looks like an imitation or virtual market to me. If so, these morons have lost touch with reality…