Author Topic: Never give in to the whale scheme (Read 476 times)

Domithra · « **on:** September 26, 2018, 02:38:22 AM »

The whales among us understand that the market is very lucrative and will do everything to earn their profit at the end of the day. These people act smart on the market by first creating a small scene of panic by dumping a quite significant amount of a particular coin. Small fishes with less experience fall victims to this schemes and continue to dump. The whales seize this opportunity and buy from the small fishes at very low price.

Altcoins Talks - Cryptocurrency Forum · « **on:** September 26, 2018, 02:38:22 AM »

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sixexgames · « **Reply #1 on:** September 26, 2018, 02:55:52 AM »

I feel like we're all at the mercy of some people with deep pockets. I don't sell when things crash, I try to buy like the whales do (though in much smaller amounts).

thamer jamaladdeen · « **Reply #2 on:** September 26, 2018, 03:06:43 AM »

That's the point many people don't realize . and that what makes people panic and start selling right away without realising that there are some guys awaiting to make benefits of it .

owmivmen · « **Reply #3 on:** September 26, 2018, 06:52:03 AM »

Yes, I already know such a scheme. All I can say for now is that many people feel rich by throwing tokens or coins at crypto whales. They buy crypto at high prices and sell them at low prices. Is it very difficult to hold?

leodiaz · « **Reply #4 on:** September 26, 2018, 10:13:47 AM »

A very devious act. Whereas actions such as what he did would reduce the interest of new users who lacked knowledge about the state of the market. So my advice for new users, you should learn well and be able to understand the overall market conditions at that time. Janga has never panicked, because that is the thing that will knock you down.