Post
Topic
Board Speculation
Re: Whales and their influence
by
wuvdoll
on 15/01/2019, 16:24:59 UTC
what do you think about the whales of the crypto market, it’s no secret that the main holders influence the situation sometimes very strongly, maybe I don’t understand something
Those of us that don’t have millions and billions to invest can’t really influence the market, unless there happens to be a lot of people buying the market at the same time, then you will see the price going the up direction. As for the whales, they are the ones that can send the price going up crashing, and they are the main investors here cause they hold the bigger share, so they influence it.

Whales will always be whales but I know that even them cannot control the negative side of the market condition.
I believe that everyone has a way they are contributing to the market, although we don’t have a lot of money to invest, but we still influence the market in one way or the other by hodling our funds every time no matter what’s happening. Assuming everyone decides to withdraw their funds, you will see that the market will collapse immediately. So the little amount we invest and hold is what keeps the market running.