Quote from: ScamViruS on September 01, 2024, 07:48:41 PM

Quote from: South Park on August 22, 2024, 06:28:09 PM

Weak hands should really think about what they are trying to accomplish by investing in this market, after all the movement that had bitcoin reach a price close to 50k not too long ago is not exceptional at all, as we see movements like that all the time and we will keep seeing them on the future as well, so unless they can accept this is the reality of this market, then they will keep selling their coins when that happens and losing money will be inevitable for them.

Weak hands are not always responsible for market downs, there are also many investors in this market who bought large amounts of Bitcoin when Bitcoin went under $20k. Investors come to the market to make profit and trade by considering the market position. Now those who bought at low price and now if they think it is enough for them then they start selling when the market goes downtrend.

So I think there is no market to blame the weak hand anymore as many big players have entered the market. When big players enter the market, small weak hand traders, investors do not have the power to make a big change in the market. So big investors have a lot of influence on market changes and we have seen many smart big investors book big profits in the market in recent times.

No one should shift blames to weak hands and as a matter of truth, weak hand are the most victims in this case because when their rush to sell their Bitcoin, the stronger hands pick the Bitcoin up from them at a cheap rate and they end up losing along the line, so blaming them for market crash may be a waste of our analysis and speculations because their are more victims than actors in the Bitcoin market eco system.
The whales are responsible for bitcoin market reaction and shift in direction, some times, when their want to buy at low price, their force the price of bitcoin to drop by causing some crisis in the market demands and focusing the wave to the direction that suits them, alot of them have been exposed in the past, but hey this is business and is all about the profits so there is nothing illegal with whales activities, what we need is the right knowledge that will help us to make right market decisions and we need patients to followup with the market demands and act as at when necessary to avoid rush in selling off our asset's.