Post
Topic
Board Bitcoin Discussion
Re: Where are the whales?
by
OcTradism
on 03/06/2021, 08:20:02 UTC
So I'm new to the crypto investments.
Welcome to this amazing and crazy space in which you will get to familiarize yourself with FUD.

Quote
So can someone explain to me where are the whales that sold high? What are they waiting for? They would get more coins so a bigger ROI once everyone starts buying again. Or is there something else I'm missing.
Whales are limited but they have better EQs than the crowd. They control their emotion, greed then decisions better than the crowd. They buy at lows and sell at highs. They buy when the rest are fearful and sell when the crowd are greed.

Whales can be public entities or unknown entities. BitcoinTreasuries have a list of public entities.