Cahoots are form of collectivism where people gather around with a particular goal.
There are learning cahoots that are very popular, and there are all sorts of cahoots.
But what would happen when cahoot is created with a one major goal to speculate on the market?
Well, October 1929 provided the answer when the stock market in the USA crashed.
What would happen if BTC or other crypto currencies are owned by tribes of people who speculate?
It is happening even now, many Discord channels are doing pump and dump tactics.
This could in a short term really undermine the sound economics of the asset.
Be very carefull what the group is telling you to do, because in the short term you might be good, but if you are investor and not speculator, the long-term future would be definitely paintful.
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