Hahaha your calculations got me both confused and surprised π how is that even possible? It is with crypto!!! (Me asking and answering) π
We live and breath volatility
Life of a cryptopreneur π we hodl millions sometimes but enjoy being poor during those times... Then we still have to buy the dip to stay in the game... What a live and breath votalility life π really cool.
Nice evaluation by the way.
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Not really calculations. Just a simple point he is making where if one is a whale in a small pond, the ability to influence price is there. Hence if one is buying a lot, the price moves up, which affects what is already held.
Of course, try doing it with selling and a similar thing happens to the downside.
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Thanks s lot for the explanation π still learning and really learning a lot here.
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Take your time and keep active. You can learn a lot by engaging. None of this stuff comes to any of us very easily.
Therefore, keep biting off bigger chunks each day. Over time, things will come together and click.
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That explains how I ended up #1 on the SWAP.CUB Richlist earlier this month when I bought 97+ SWAP.CUB and LeoDex showed me as a millionaire. It was a very small pond I stepped into that day.
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