The only thing I really believe in is that the whales need to make retail think the opposite will happen at bottom/tops.
Why? To make as much money as possible they need retail to sell to them at bottoms and buy from them at tops.
1/4
This is why I think following the sentiment works so well. It’s also really hard to quantify sentiment on Twitter in an accurate way. So it has to be done mostly qualitatively.
I don’t really care where people think markets will go since markets discounts the future 2/4
In other words, the future is already priced in. Why? If everyone knew the markets would crash tomorrow, everyone would sell today.
I believe the whales do this with winner projects as well. It then makes sense why they are quiet about the best projects and push 3/4
Schwartz reveals the secret sauce!! Is his long-term vision of global $XRP liquidity pools about to come true soon? (not clickbait)
A thread 🧵 /1
Remember this tweet back in July?
/2
He's using very big words. "secret sauce" and "game-changer." He also tells us it's "planned." It will give automatic market makers more incentives to provide liquidity.
BIS released their report "A Future Monetary System" in June of 2022.
It contained some heavy critiques against crypto... but I would make the argument that if there's one crypto that could pass standards, it's $XRP and perhaps $XLM.
I would start off with a controversial statement and that is that in my opinion, there is an element of XRPL being "permissioned" as far as validators goes.
If I had to make a guess, I don't think you have to source by the use of $XRP, since both BTC and ETH are more liquid than what $XRP is but this is my theory:
Ripple have made it part of their business model to not force FIs and enterprises to use XRP but...
This is my view of a crypto simply existing as a store of value, a hypothetical scenario:
- Let’s say a crypto is too slow, high fees, to be used as currency. But people can buy it and store it for years and years. 1/4
Then we have another crypto that is super fast, low fees, so it can be used for a multitude of use cases: Bridge asset, currency etc meaning Trillions in daily volume. 2/4
First example: If people only buy a crypto to store it because of it being too slow, expensive, that would mean a lot less daily volume overall, thus less liquid, thus more volatility than the second crypto. 3/4