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 🐋🐳.
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 🐋🐳.
I believe the biggest issue is that for the whales, this is all just a game they are playing. They have more than enough money set aside, even if they were to lose all their trading funds.
So losing money is not as nerve-wracking as it is for people who do not have so much money. For me, 1 dollar is not a lot of money. But for people who live in third world countries, 1 dollar is a lot of money that they might cry over losing.
Using fear tactics, the rich whales are just playing us out of our money by creating fear-scenarios.
Thats why people say to hodl your coins. Do not let yourself be psychologically influenced into selling your coins for cheapt to the whales. That is what they are hoping for!
