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Author Topic: Dogecoin Targets to hit $1 on Dogeday?  (Read 16348 times)

Offline yohananaomi

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Re: Dogecoin Targets to hit $1 on Dogeday?
« Reply #60 on: May 24, 2024, 06:58:35 AM »
What's scary about whales is that they can manipulate, but they will be done simultaneously and cannot stand alone, so as long as they don't have an agreement, then nothing will happen to what the whales do.
Large trades by institutions can also influence trading and that is a normal thing to happen, but again, it will not be continuous and there will be limits because trade will move due to demand.
That's right, whales can manipulate the market, but this is only temporary and the market will return according to high demand at that time. So there's no need to panic when Doge manipulates the market, we have to take advantage of that moment
Using whales for market manipulation can indeed be done, and I agree that this is only temporary and cannot prevent active trading carried out by every investor. But indeed, if there is a correction, of course, it is an opportunity to continue buying and holding. Remember that the bullish season is coming. There will definitely be surprises like yesterday.
Do not eliminate opportunities that may be available at that time.
You are right, when a correction occurs is a good time to buy, because that is our opportunity to buy at a lower price. In daily trading we can take advantage of manipulation from whales by looking at market movements, but that is for the short term.
As someone who is wise in investing, of course, we have the opportunity to use corrections to buy, because we may not have enough time to buy cheaply.
Whales can always manipulate whatever they want, but they can't do it alone. It has to be done simultaneously, because if they stand alone, the manipulation they do won't be effective.
So don't get hung up on whales' actions, they can only do this manipulation temporarily.

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Re: Dogecoin Targets to hit $1 on Dogeday?
« Reply #60 on: May 24, 2024, 06:58:35 AM »

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Offline DAMKAR

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Re: Dogecoin Targets to hit $1 on Dogeday?
« Reply #61 on: Today at 05:21:06 PM »
As someone who is wise in investing, of course, we have the opportunity to use corrections to buy, because we may not have enough time to buy cheaply.
Whales can always manipulate whatever they want, but they can't do it alone. It has to be done simultaneously, because if they stand alone, the manipulation they do won't be effective.
So don't get hung up on whales' actions, they can only do this manipulation temporarily.
Yes, it can be said that whales will always manipulate the market, because they need large funds to be able to manipulate prices on the market, especially coins that already have high daily volume. We as small investors can only follow the flow of the whales' game, if it goes down, buy and hold

 

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