07-20-2021, 08:16 PM
Once upon a time in a village, a man appeared and announced to the villagers that he
<!-- SC_OFF --><div class="md"><p>The villagers, seeing that there were many monkeys around, went out to the forest and started catching them.</p> <p>The man bought thousands at $10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.</p> <p>Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it!</p> <p>The man now announced that he would buy monkeys at $50! However, since he had to go to the city on some business, his assistant would now buy on behalf of him.</p> <p>In the absence of the man, the assistant told the villagers; "Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each."</p> <p>The villagers rounded up with all their savings and bought all the monkeys.</p> <p>They never saw the man nor his assistant, only monkeys everywhere!</p> <p>Now you have a better understanding of how the cryptocurrency market works.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Doshizle"> /u/Doshizle </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/onri31/once_upon_a_time_in_a_village_a_man_appeared_and/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/onri31/once_upon_a_time_in_a_village_a_man_appeared_and/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>The villagers, seeing that there were many monkeys around, went out to the forest and started catching them.</p> <p>The man bought thousands at $10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.</p> <p>Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it!</p> <p>The man now announced that he would buy monkeys at $50! However, since he had to go to the city on some business, his assistant would now buy on behalf of him.</p> <p>In the absence of the man, the assistant told the villagers; "Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each."</p> <p>The villagers rounded up with all their savings and bought all the monkeys.</p> <p>They never saw the man nor his assistant, only monkeys everywhere!</p> <p>Now you have a better understanding of how the cryptocurrency market works.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Doshizle"> /u/Doshizle </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/onri31/once_upon_a_time_in_a_village_a_man_appeared_and/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/onri31/once_upon_a_time_in_a_village_a_man_appeared_and/">[comments]</a></span>Kind Regards R