Even though Bitcoins market cap is over 230 billion dollars in the grand world we live in it simply is a drop in the bucket. This is what fears countries and investors.

This massive Buys and as of right now drops are a single person or company cashing in a ton on profits and very well have the power to manipulate bitcoin.

Your $1,000 here and there means nothing when it is put up against these types of forces and this is how the rich just keep getting richer.

In order to make a change like this one merely needs 1-2 billion dollars. While that sounds like a stupid amount of money there are people and actually quite a few of them that hold this type of power. This is what bitcoin was designed to fight and was suppose to create a decentralized type of system.

You can check out the top 100 richest bitcoin wallets here - https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

It might just open your eyes and make you play it a little more safe when you see massive rallies.

Normally when things are too good to be true they are and this really simply was OVER BOUGHT big time.

If we continue on this downward path that is ok. That actually makes it a key point as to when you should buy.

When your gut hurts from losses and your minds telling you to sell that is actually in most cases the time to buy. When your minds happy and about to blow up from a massive rally that is often the time to instead sell. Take emotions out of trading and you should be better off.

*Of course this is my own opinion and not professional advice.