Post
Topic
Board Bitcoin Discussion
Re: Why We People Cannot Think Like Whales 🐋 🐳?
by
Antonas1
on 03/12/2022, 09:43:53 UTC
1) Many Of Small traders always got into the Trap of Whales? Why?
I don't think users with huge amounts of Bitcoin (you call them Whales) play Bitcoin price with theirs; it's too risky. But they announce their investment amount and then make statements in the media to control people's minds. So actually those people are stuck with their own thoughts, with their speculations, and with the graphic analysis they make.

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.
As long as you're not involved in it, no need to worry. Just try to not keep all your coins on a centralized platform. Not your key, not your coins.

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 🐋🐳.
You don't need to trick them, just follow the price movement.