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I think I understand that when you say the whales will dump their coins you mean sales, of course supply will outstrip demand and prices will fall. Now when you refer to an entry point, is it at the time of buying crypto and the time it lasts with the small investment?When Whales dumps their coin , Supply will exceed demand and this will lead to a fall in the price of bitcoin. I believe that the best way for small investors is to have an entry and exist point.
There is definitely no way to trade against the whales, as they are billionaires who move large amounts of capital and thus change the direction of the currency!This is a very good move and if you are lucky and know how to trade the market in the way the whales are trading it then you will make profit because you can not trade against them.
Yes price of cryptocurrency will fall because of whales investors selling their assets in cryptocurrency like Bitcoin. The total of assets of whales investors are in billions of dollars. Just a slight move to buy or sell affects the cryptocurrency market.Does this mean then that there are a lot of people exiting? Are we expecting yet another fall in BTC prices? This news would definitely impact the price of bitcoin in the coming days. Another reason why I'll not bother to delve to this crypto thing
I agree with your opinion, according to the movement of these whales, the market will move in that direction. This makes it clear that there is such manipulation and therefore one must be very aware of their movements.Write your reply...but coin whales moved more than 111.000 back in writing hours these people are actually on or in control and it shows that there are large power that can be a manipulation the market as well.....
The information is legitimate, as I entered several sites at the time and was able to verify it, however we know that every day the news changes and caution should be taken when making any decision.This is huge, but hope the information is legit and it's not another form of getting people to invest in it. With what happened few months ago, l know a quite number of investors will be reluctant to trade in whales.
Very good analysis of your observation on the subject, I even agree with your opinion, as this is what happens with the whales and their movements of these big capitals. They increase the control in the cryptocurrency market.This is actually certainly a deliberate technique to steadily increase command over the bitcoin markets as well as they'll be actually the supreme decider of the costs as well as will certainly need to identify exactly how the marketplace fluctuation ought to turn. The whales will certainly have actually a huge state right below.
You have described it in simple and understandable words, these whales are the ones that cause such actions in cryptocurrencies, and the worst thing is that all cryptos suffer because of them.The rise and the fall of crypto currency market is mainly due to the involvement of whales. They invest heavily, due to their investment, the price goes high, and they they start selling causing the market to fall.
The figure is in bitcoins because if you check the first page of this thread the poster I mentioned the amounts to be equivalent to 4.8 billion dollars as at the time of that report.This figure, is it in dollars or in bitcoin, that would be a lot of money in bitcoin, a lot of billion dollars even no wonder the whales have much control
I tried looking for the footer that followed the topic, I got lost getting directed to several other pages of people's comments, thanks for enlightening me.The figure is in bitcoins because if you check the first page of this thread the poster I mentioned the amounts to be equivalent to 4.8 billion dollars as at the time of that report.