It's pretty obvious that this is market manipulation. No different to what the bankers/traders do, day to day, just now these are semi ordinary people doing it. By buying at these inflated prices, all you're actually doing is making those people who are "holding" richer. As with most things like this, unless you've gotten in at a low level, then you're just putting money into other peoples pockets. It's like buying bitcoin at the height of it, then complaining when it goes down.
I know the movement on reddit, and I love seeing them giving it back to the bankers, but all they're actually doing is purpetuating the problem, by becoming what they so despise.
I've been holding on to XMR for about a year now, I bought at around £40 per coin, and they're now worth about £130 a coin. Im super tempted to sell, but then I worry that it'll skyrocket, and i'll be crying that I didn't hold.
If you're looking for something to invest in, then get some crypto of all forms, at very low prices, and simply just sit on it. If you're buying at under £1 a coin, then dropping £50 isn't really much money, but should those 50 coins mature in sometime, then you're sitting on a gold mine. Stocks and shares are all about the long term, unless you're shorting, in which case you're looking at very short term investments, and selling quickly, this is why the billionaires are crying because they've been shorting for a vast amount of time, and now the prices have skyrocketed, they're losing billions of their investments.
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