You don’t need to worry about Pi’s price not dropping. As long as there’s any chance of a price increase, borrowing whales will sell your Pi to suppress the price.
Everyone is happily providing loans to whales to suppress Pi. Helping whales make money is something most investors are delighted about.
Look at how, when large buy orders appear at 4 a.m., borrowing whales borrow massive amounts of coins to sell on behalf of investors. If borrowing one million isn’t enough to suppress the price, they borrow two million. There’s no need to worry about pumping the price because they can borrow large amounts of spot coins to sell without needing to buy. In the end, the borrowing whales borrowed 3.3 million Pi to suppress the price.
It seems investors’ hearts are bleeding, but they’re bleeding happily, right? Being able to provide for borrowing whales to suppress the price is an honorable thing. You all agree, don’t you? Everyone is willing to help the borrowing whales without any complaints.
Everyone is happily providing Pi to whales to suppress Pi. Helping whales make money is something most investors are happy about.
Look at how, when large buy orders appear at 4 a.m., borrowing whales borrow massive amounts of coins to sell on behalf of investors. If borrowing one million isn’t enough to suppress the price, they borrow two million. There’s no need to worry about pumping the price because they can borrow large amounts of spot coins to sell without needing to buy. In the end, the borrowing whales borrowed 3.3 million Pi to suppress the price.
It seems investors’ hearts are bleeding, but they’re bleeding very happily, right? Being able to provide for borrowing whales to suppress the price is an honorable thing. You all agree, don’t you? Everyone is willing to help the borrowing whales without any complaints.
#PI
#pi
Whales borrowing PI are borrowing millions of PI at a time from the lending pool to sell them on your behalf.
Thank you to GCV for taking this issue seriously and actively promoting it.
Do not stake Pi on exchanges or use Yu’ebao, as whales are borrowing millions of Pi from lending pools to sell on your behalf.
You invest in Pi hoping for price increases to gain profits. However, the more you stake, the more you enable whales to suppress the price.
Many believe long-term investment means expecting the ecosystem to bear merchants’ costs indefinitely to support the price. Merchants cannot withstand long-term price losses and will eventually exit entirely, causing the ecosystem to collapse.
Like now, if Pi’s price is lower than electricity costs, miners have no reason to pay 1 yuan to the power company for 0.5 yuan worth of Pi.
Smart people know they can buy 1 Pi directly instead of halving their returns. Thus, miners will also collapse, and the ecosystem will die.
Methods to counter whales:
1. Do not stake Pi on exchanges. Do not use Yu’ebao to stake Pi.
2. Drain the exchanges’ lending pools. Convert 1% APY low returns to 34% accelerated mining rewards.
3. Whenever data shows whales borrowing and selling Pi, causing price dips, it’s an opportunity to buy low. Let’s agree to buy at low prices, pull the price up, and make the whales lose money.
Thanks to GCV for also taking this issue seriously and promoting it.
Don't stake your PI on the exchange, and don't use your remaining coins, because whales are borrowing millions of PI at a time from the lending pool to sell them on your behalf.
You are bullish on PI and invest in PI in the hope that the price will rise in order to make a profit. However, the more you stake, the lower the price will be for you to be held down by the whales.
Most people think that the investment is long-term, and they expect the ecology to consume the cost of merchants for a long time to carry the price for you. Merchants are unable to resist long-term price losses, and will eventually withdraw completely, and the ecology will collapse.
Just as the price of PI is now lower than the electricity bill, then miners do not need to pay 1 yuan to the power plant to get 0.5 yuan of PI.
Smart people know that you can get 1pi by buying PI directly, why halve it yourself. As a result, the miners will also collapse and eventually the ecology will die.
Ways to fight whales:
1. Don't stake PI on exchanges. Don't use Remaining Coin Treasure to stake PI.
2. Clear the exchange's loan pool. The low yield of 1% APY is converted to 34% mining growth rate.
3. Whenever you see a whale borrowing PI and selling it from the data, it is an opportunity to buy at a low price. Let's agree to buy at a low price, pull up the price, and let the whale lose money.
#pi
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