Hi Guys,
recently during the last pump of burstcoin which caused the price to go above its all time high since the coin started,
one of my friends decided to buy at 800 sats per coin. after the price dropped to the levels wee see today hes still sat holding this coin lol.
he seems to think that if he sets a high sell order that it might get hit at some point in the future however ive said that this probably isnt the case as after that last pump it created an additional 100m burst sell pressure making it hard for anyone to pump the coin in the future the books say it all.
look at the amount of large sell orders compared to the buys. to me this looks like its not going to move for a long while. what do you think?