Post
Topic
Board Speculation (Altcoins)
Re: The Whales are accumulating..
by
coiner495
on 25/09/2017, 09:02:29 UTC
In  every market  there are  whales  and  their  main purpose  it's  to generate  pump, but  also  to ACCUMULATE  PRECIOUS coins  at  a very cheap  price
Buying them without  make  noise,  or  rumors..
In which  projects do you think the Wahles are involved' the most?

Size of what you call whale depends on a project. For bitcoin you must have $100M+ of cash you can risk. For smaller projects $1000-worth could be a whale. I would think of a whale as of someone who has enough funds to keep buying (or selling) moving the price 20-30%. Look for daily trading volume on coinmarketcap to get an estimation of how much money you need.