Post
Topic
Board Speculation
Re: Whales are back ?
by
Herbert2020
on 16/04/2019, 11:15:29 UTC
Volume has been increasing since last week..is thia sign of whales entered into the market?
When we began to see great increasing in volume and funds began flow into cryptocurrencies market in billions of dollars we should know that the whales has entered into the cryptocurrencies market and it is one ways of knowing the right time to invest.

whales aren't multi billionaires with pockets that have no bottom! whales are simply those who own a relatively large stake in that market. for example you can be a whale in an altcoin that has a daily volume of 0.1BTC if you own at least 0.2BTC!
and they have never gone anywhere, it is so naive to think they "come back" only when price rises. actually newbies come back when rises start. whales are already here enjoying the cheaper coins and accumulating while others were panicking.