First of all many members will roast me and will say that where you got such idea, why are you bluffing but this is Bitcoin discussion, so I thought that I should share something.
1) Many Of Small traders always got into the Trap of Whales? Why?
2) There are Always Ponzi Schemes in All Bull runs like 2027 was ICO big Scam
And Now BIG crypto projects Got scammed in 2022 like Terra Luna, FTX, Solana, Serum etc. They are not just coincidence. These are preplanned Scams. And that. Sucks.
3) I think that Big Exchanges that are centralized are Big whales cause they know how much volume they have and how many longs and also Shorts. In this way they can Scam with many many wats. And also that is a small reason that we cannot outsmart Whales 🐋🐳.
The whales aren't always too bright either. Look at Alameda. The "real" whales that are accumulating BTC aren't leaving their funds on exchanges or trading them. They're buying the dip every four years and ignoring everything else. This is what everyone should be doing. The problem is that smaller traders don't want to put in the work and time to build a stash. They want to trade their way to riches quickly, which is why altcoins exist. You don't have to be worried about whales or anything else if you aren't trading or using leverage. Just buy and buy and wait until it's useful. Diversification helps and is important also.