whales manipulation

[comer]

The recent drops of price was a proof that cryotocurrency was manipulated by whales. A news from crypto world saying that a short transaction of 10K btc pull down the price. These whales is manipulating the market price indirectly through large movement of btc. We a small trader, cant do anything about this - because the money and the power is all there. We are just riding at their back. A good ride to them means good profit to us.

[cryptothief]

Not all about whales, try having a closer look at the trading patterns and you'll likely avoid some of the pitfalls. It gets a lot more dodgy with altcoins (especially the smaller ones), but still plenty of room to make money.

[altery0518]

The recent drops of price was a proof that cryotocurrency was manipulated by whales. A news from crypto world saying that a short transaction of 10K btc pull down the price. These whales is manipulating the market price indirectly through large movement of btc. We a small trader, cant do anything about this - because the money and the power is all there. We are just riding at their back. A good ride to them means good profit to us.

Yes i agree that there are people or investors who manipulated and influence the market causing it's price to drop rapidly that is the reason why i am in favor in regulating crypto investment by the government so people have given enough protection from their investment.

[Ryanpogz]

The recent drops of price was a proof that cryotocurrency was manipulated by whales. A news from crypto world saying that a short transaction of 10K btc pull down the price. These whales is manipulating the market price indirectly through large movement of btc. We a small trader, cant do anything about this - because the money and the power is all there. We are just riding at their back. A good ride to them means good profit to us.

Yes i agree that there are people or investors who manipulated and influence the market causing it's price to drop rapidly that is the reason why i am in favor in regulating crypto investment by the government so people have given enough protection from their investment.

All we know to use cryptocurrency affects this market. So the whales are not the only reason to lose today's value in bitcoin and other coins. So it's best to keep hold of what you hold now if it is possible to increase.

[Garuda]

Whale is the name given to people who hold large amounts of bitcoin. Most likely whales manipulate prices to make a profit. They can make prices drop quickly, so they can hoard bitcoin at low prices. The goal is to get a profit when the price of bitcoin has gone up.

[owmivmen]

Yes, I think this month whales will sell their assets and take advantage of what they got when they manipulated prices last year. But there are times when they will try to repeat the same thing for profit.