whales manipulating bitcoin to the down side being sneaky
Heres how they are doing it:
They are buying bitcoin, etheum, etc in very small increments so trades are not noticed and retail can capitalized on it by selling into spikes.
Then they keep acculating until they see retail coming in to buy when fomo comes in
As soon as the algos determine they have enough retail suckers trapped the dump all there buys all in one shot causing retail to panic sell at a loss causing prices to plummet.
Then they buy the dip and slowly accumulate and start all over again all while maintaing lower prices as they go to not allow long term holders to regain there losses. if retail tries to catch up they will eventually run out of money or sell at a loss.
Brilliant.
What to do? Dont short term long trade. Its a waste of money and time since retail dont have market manupulation money like whales have. Only thing to do is buy on dips by dca and hold until bull cycle returns in 3-4 years. And hope fed starts printing money before then to keep cycle going. Lets see what happens.
Heres how they are doing it:
They are buying bitcoin, etheum, etc in very small increments so trades are not noticed and retail can capitalized on it by selling into spikes.
Then they keep acculating until they see retail coming in to buy when fomo comes in
As soon as the algos determine they have enough retail suckers trapped the dump all there buys all in one shot causing retail to panic sell at a loss causing prices to plummet.
Then they buy the dip and slowly accumulate and start all over again all while maintaing lower prices as they go to not allow long term holders to regain there losses. if retail tries to catch up they will eventually run out of money or sell at a loss.
Brilliant.
What to do? Dont short term long trade. Its a waste of money and time since retail dont have market manupulation money like whales have. Only thing to do is buy on dips by dca and hold until bull cycle returns in 3-4 years. And hope fed starts printing money before then to keep cycle going. Lets see what happens.