Quote from: 7788bitcoin on June 03, 2021, 02:06:13 PM

Quote from: Robinson66 on June 03, 2021, 06:12:46 AM

So I'm new to the crypto investments. 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

The only option is to follow the market situation in the market and identify the trend, the whales are not going to inform everyone what they are planning to do beforehand unless you have inside information on what they are planning to do. The market is moving in good range and i am curious to know how many times we will have a hindrance at $42k resistance Grin

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I read studies that during the last fall in prices in the cryptocurrency market, only those who recently purchased it, that is, those whom we call weak hands, sold it to themselves at a loss. Whales won't do such stupid things. Now they are clearly biding their time for the next action.
It is still difficult to say where the market will move, upward or downward. After some time, there will definitely be growth, only when it will be, now or already in the fall, that is the question.