How to be a noob and a forever poor way of wasting your brain cells is to think deep in the conspiracy of why Bitcoin dumped.
I would beg you to get this printed in your Head.
First they Blamed Binance, then Wintermute, then some stupid trader in Hong Kong and Now Jane street.
I remember in 2018, they were blaming the chinese new year for it.
Does manipulation exist? Yes. Do traders trap traders? Yes. Are some trading houses evil, even you'll be when you have that Power.
Bitcoin dropped because it went up by 700% in a short time and made multiple All time highs and was also pushed by covid printing.
Bitcoin dropped because people took profits, influencers shilled garbage and bitcoin always drops 50-80% in all cycles. Look at the chart.
So get better at trading, learning more. You will get trapped, learn to survive it and you're here to make money, not to read a mystery novel about it to fall into conspiracy.
Yes manipulation is real and FTX sold paper bitcoins, but what's more real is the shortness of your life, don't waste it on conspiracy but make money, retire.

From X
Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

