Post
Topic
Board Bitcoin Discussion
Re: Who is really controlling the Bitcoin market.
by
Finestream
on 04/01/2022, 19:20:15 UTC
Let the whales do the manipulation, we can't stop the manipulation of the whales, but as long as we don't panic and can be more patient, everything will be fine.
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.

There's no way we can stop the whales' manipulation, so its either we'll learn to ride with it and make profits. But for most newbies, this brings more threat for them so they easily panic and resort into panic selling and create losses in the end.

However, no one can control the bitcoin market and even create a precise prediction for its price. Although everyone has the right to predict, but not everyone is able to make right predictions  as we are just into wild speculations and educated guesses.