Bitcoin seems to be struggling to cross the 40k mark again

[tyrim88]

This is a valid point. Whale investors who are quite influential in the cryptocurrency industry determine the price rises and falls of crypto per their actions and decisions they take.

Their influence in the fluctuation in the market is very huge,they are seen as an authority in their respective field and so what they say gathers momentum.

 

[Bigron]

Their influence in the fluctuation in the market is very huge,they are seen as an authority in their respective field and so what they say gathers momentum.

I agree with your opinion. They have a major say on how the crypto market operates through their actions which have major financial implications on the value of various coins

 

[tyrim88]

I agree with your opinion. They have a major say on how the crypto market operates through their actions which have major financial implications on the value of various coins

There are people that will talk in the financial sector that you will see an the world also see as an authority in their field,because they have made their mark in business and other field of endeavours.

 

[Bigron]

There are people that will talk in the financial sector that you will see an the world also see as an authority in their field,because they have made their mark in business and other field of endeavours.

I get your point. There are some people who can impact the cryptocurrency market just by their utterances, and this is because they have acquired a reputation which precedes them in the financial industry.

 

[tyrim88]

I get your point. There are some people who can impact the cryptocurrency market just by their utterances, and this is because they have acquired a reputation which precedes them in the financial industry.

That is exactly what most big investors usually do,they have gain credibility in the industry such that whenever they make any suggestion on a matter, everyone will just fall in line with their position.

 

[Agbalagbaa]

The price of Bitcoin is just nicely moving to the downside, a lot of people that bought Bitcoin are losing their money, if you don't want to be among those kinds of people you need to have the proper knowledge.

 

[Bigron]

That is exactly what most big investors usually do,they have gain credibility in the industry such that whenever they make any suggestion on a matter, everyone will just fall in line with their position.

This is an accurate assertion. Their utterances and decisions carry far more weight than the average investor because of the impact of their actions on the cryptocurrency market.

 

[tyrim88]

This is an accurate assertion. Their utterances and decisions carry far more weight than the average investor because of the impact of their actions on the cryptocurrency market.

That is just what you will observe from a whale investors as they are called,their position are things investors usually take very serious, because there is something they know that an average investors do not know.

 

[Bigron]

That is just what you will observe from a whale investors as they are called,their position are things investors usually take very serious, because there is something they know that an average investors do not know.

A whale investor is always privy to information which shifts the momentum and narrative in the cryptocurrency market, so any course of action that is taken has a huge impact on the market, no doubt.

 

[tyrim88]

A whale investor is always privy to information which shifts the momentum and narrative in the cryptocurrency market, so any course of action that is taken has a huge impact on the market, no doubt.

Whale investors usually have a big influence on how the cryptocurrency market will swing,and again if the forces of demand and supply is uneven then you will have some fluctuations in prices.

 

[Bigron]

Whale investors usually have a big influence on how the cryptocurrency market will swing,and again if the forces of demand and supply is uneven then you will have some fluctuations in prices.

This is an accurate take. Whale investors have an undeniable impact on the cryptocurrency market and how it is operating. Demand and supply is also definitely a factor in the rise and fall of the value of coins.

 

[tyrim88]

A whale investor is always privy to information which shifts the momentum and narrative in the cryptocurrency market, so any course of action that is taken has a huge impact on the market, no doubt.

Whale investors usually have a big influence on how the cryptocurrency market will swing,and again if the forces of demand and supply is uneven then you will have some fluctuations in prices.

This is an accurate take. Whale investors have an undeniable impact on the cryptocurrency market and how it is operating. Demand and supply is also definitely a factor in the rise and fall of the value of coins.

That is one of the things that makes cryptocurrency very unique,factors that can cause fluctuations are many,reason one cannot predict the outcome of any trading market,news about government policy on cryptocurrency can change market trend.