Post
Topic
Board Trading Discussion
Re: Coins being manipulated by crypto whales
by
MarjorieZimmermanGinger
on 05/12/2024, 04:48:17 UTC
Of course, in the crypto world, the role of whales is a major factor in price movements, especially altcoins. It can also be said that whales in the crypto world play an important role in shaping market dynamics. However, with the openness of technology and transparency that crypto has, we can track the movements of whales who sometimes secretly move their assets. This makes us as small investors have to be smart in seeing whale movements by analyzing and monitoring their movements to estimate potential price changes. What is certain is that market price movements certainly consist of many things ranging from news, moments and of course whale manipulation. So be smart in investing so you can get profit in reading the direction of market movements.
You are right because when we can see opportunities based on mature observations, it will make much greater profits because whales in certain conditions will try to pump the assets they have so that if we can see them playing market dynamics, overall it can be beneficial in terms of profit. Small investors must often see developments and read as much as possible so that they can see certain conditions. Investing in coins that are less potential does have a big risk, but when our ability to analyze the movement of the coin is good, it will create opportunities to make a profit. But if you don't want to take big risks then just invest in bitcoin as a much safer step.