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TopicHow many people do you think bought bitcoin at 18-19k thinking it would go up?
Sativa_Rose
02/03/18 3:18:58 AM
#4:


MuayThai85 posted...
He thinks it is impossible for countries to make it illegal or too difficult to even trade in the first place. He also loves to tell me how he th inks wallstreet guys like to trade crypto because "it's volatile and they can make a lot of money if they hit and $5000 is nothing to them". I tried to explain to him that it's the exact opposite, most guys with real knowledge of the stockmarket are very weary about crypto and less likely to invest because of how volatile it is. It's the random dumbasses who emptied out their life savings and maxed out their credit cards are the ones investing in crypto the most.


Something else I've heard some real professional traders I follow on twitter mention is that the crypto exchanges are terrible. Processing your trades takes forever, the fees are huge, tons of problems in general. Professional traders don't want to deal with that crap.
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