With whales robbing small investors, it will be difficult to convince people to buy, OP.
Robbing is illegal, how do you define the way they rob small investors?
.What he means is that, whales will pump a coin and then newbie investors and those some investors there will see the coin and they are hoping that it will rise up more so they will jump on it - in short they got FOMO'ed. While the investors are busy buying the coin, the whales will then dump the coin causing it to go down that hard and some of the investors will be selling it at a loss since they bought it at a high price already
.As the OP, I'm still holding but I don't want to buy at this moment for some reasons.
well said mate . thats a one detailed explanation you provide there , i hope people that didnt knew it will read this and will develop a tactic to when to enter at a perfect time and when to exist before the whales eat them .
nowadays , i notice that the price of the coins are now slightly recovering again so i dont feel like buying but still im continue hodling . halving isnt done yet so im also expecting that it can bring something good , id be happy to see the price rise more .