Post
Topic
Board Bitcoin Discussion
Re: Who is really controlling the Bitcoin market.
by
Abiky
on 04/01/2022, 18:55:03 UTC
Panic and not patience are normal, not everyone can handle this well. At least, don't rush to decide anything, learn and analyze everything first before deciding something. Many people become victims of whales' manipulation because they rush to sell their coins or buy any coins. Also, the people who don't understand how whales work, probably those who never learned about crypto market trends. That's why learning and research (analysis) are very necessary for investors or traders.

Of course. You should never be intimidated by whales' market manipulation, since they only do what they consider best for their pockets. If you're smart, you'd take advantage of Bitcoin's ups and downs to make profit in the short term. It's all about playing the game in order to become financially independent in this wild and crazy world of crypto.

Believe me, not all that glitters is Gold. There are tons of coins that are hyped, but not all of them provide real use cases in the mainstream world. "Meme" coins like Dogecoin and Shiba Inu are basically useless, since their price is only driven by speculation. Not like Bitcoin where price is driven by real demand. The pioneer cryptocurrency is extremely useful as a store of value and a cross-border payment system that is censorship-resistant. It doesn't matter if it goes down the drain now, since the best is yet to come. As long as you buy low and sell high, you'd have nothing to worry about. Just my thoughts Grin