Do you think whales and other big time investors of Bitcoin will still feel this adrenaline rush or goosebumps thing just like how newbies do when market started to be extremely volatile? I am just wondering how they feel it when they experience huge gains or losing a trade or something. 🤔
It's a shame I'm not the whale to share whales feelings, but here's what I saw working with a small Market Maker in 2021:
They have a team of several dozen people, including technical analysts and marketing members. They grasp market psychology from price fluctuations and "manipulate" prices in harmony with news and general trends in the market, eventually breaking it and making profits for themselves. They also experience anxiety when the market becomes complicated, and joy when they make profits.
We all enter the market to seek profits, everyone wants to make profits and want to avoid losses, but the more one controls the market, the more mentally stable they will be. For example, Market Maker wouldn't be surprised if the price splits 5 times if that's exactly what they want and are trying to drive down the price.
As for the whales holding thousands of BTC: I'm not sure they will be worried when the BTC price drops (because it may be the result of their efforts to manipulate the market), but I know they will also be happy when their account increases by a few hundred %
