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 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

Michael Novogratz flipping explained

BY: @chabudot | CREATED: Dec. 24, 2017, 3:08 a.m. | VOTES: 1 | PAYOUT: $0.00 | [ VOTE ]

[IMAGE: https://steemitimages.com/DQmZMWXA9wqeW824rBdxV4H6or2n27A5LbCVrykQ9V6X1dD/novogratz.jpg]

Michael Novogratz flipping from predicting bitcoin price of 40,000 USD to 8,000 USD is nothing more than a trader reaction to the current market information he is feeling right now. Traders are the most paranoid person I know when it comes to investing. They literally change their minds on a trade in a second. Another theory, this one darker, is that he wants to the public to dump bitcoin so he could buy it at the bottom - - 8,000 USD his preferred price. No self respecting trader would communicate to the public his trading strategy lest he wants you to be at the opposite side of his trade

TAGS: [ #bitcoin ] [ #blog ] [ #news ] [ #finance ] [ #money ]

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