Oddbean new post about | logout
 BREAKING: THERE ARE CURRENTLY MORE SELLERS THAN BUYERS 
 A buyers market right there 
 "Yeah that's a bold move, Cotton.  Let's see how that plays out." 
 or one big seller and many small buyers 😂 
 In order for a seller to *BE* a seller there must also must *BE* a buyer. Therefore, in truth they must always come in pairs.

https://media.tenor.com/9Pbnh2kj4Y0AAAAC/platinum-low-rank.gif
 
 I get you fam.  But I think if you list something for sale, you are a seller, regardless of whether it executes.

I guess there’s nuance with limit orders, but at least if you’re close to spot price then the same applies. 
 I just like to remember that for every person panic selling there is someone buying with optimism. 
 I'm outta fiat til Friday :(