AdTOKEN6900: The Spiritual Successor to SPX6900 is Here. Presale Live!
AdTOKEN6900: The Successor to SPX6900
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Crypto trading is a stressful business. Coins can plummet (or rocket) in value over night, which makes successful planning almost impossible. Your average trader is at the mercy of sudden market shifts that cause sleepless nights across the world.
However, there is one group of people who are free from this stress. Crypto whales are the major players that can rig the market by making sudden moves that catch everyday traders off balance – giving the whales huge mouthfuls of profit.
But did you know that there are steps you can take to protect yourself from these whale moves? First, you must understand their tactics; once you’ve done that, you can follow some simple instructions to make the crypto market a little less risky for your stash.
Read on to find out how whales control the market, and the things you can do to avoid the traps.
Many crypto critics compare trading to a kind of online casino game where you have minimal control over the outcome. This is largely true for the average trader, but not for whales who follow a calculated plan to manipulate prices and maximize their profits. The key is to understand this to protect yourself from their moves.
Here’s a rundown of how the whale game plan works.
1. Mass coin buying that causes the first pump
When a promising coin emerges, whales secretly buy up large amounts of it while prices are still low. The first small pump happens, which piques the interest of committed non-whale crypto users. Think of it like a flare that goes off to generate more interest.
2. Re-accumulation leads to second pump
Once the whales have built their position, they push the price higher, creating real excitement in the process. Retail traders rush in, fearing they’ll miss out, an emotion we all know only too well as FOMO.
3. The first distribution leading to the first dump
After pumping prices, whales slowly start selling off their holdings. The price drops, panic sets in, and small traders sell at a loss.
4. The second distribution and another dump
The whales sell more, driving prices down further. Small investors pull out of the market (often with big losses) while whales prepare to buy back in at a discount.
5. Fake trends and price manipulation
Whales create false breakouts and trap traders into making the wrong moves. Just when you think prices will keep rising, they pull the rug.
Whales thrive on market panic and confusion, so investors that recognize their tactics take the first step to avoiding their traps.
Staying safe when crypto trading should be everyone’s number priority, but it’s easy to get sucked into the hype and FOMO swirling around the market.
To protect your portfolio, keep an eye out for these warning signs:
One thing that experienced non-whale investors have started to do is look out for consolidation zones near key support and resistance levels. These are the areas where liquidity builds up and trading volume spikes
Knowledge is always the key to making money. Now that you have a better idea of how the major market players work, you’re in a much better position to get higher returns.
1. Stay calm and DO NOT panic sell
Whales want you to react emotionally: it’s how they make their money. Before selling in a dip, analyze the market to see if it’s just manipulation.
2. Watch trading volume closely
Unusual spikes in buy/sell orders can signal whale activity. Use volume indicators to spot their moves.
3. Use stop-loss orders wisely
Set your stop-loss just outside common manipulation zones. This keeps you from getting shaken out by sudden price swings.
4. Be patient and wait for confirmation
Don’t chase hype. Always wait for confirmation before making big trades.
Often on-chain data can help you track whale wallets. Knowing where big money moves will give you an important edge.
Crypto isn’t just about buying and selling — it’s about understanding who’s pulling the strings behind the big move. When you recognize whale patterns, you can sidestep their traps and position yourself for better trades.
Non-whale investors can protect themselves by sticking together, which means sharing knowledge and helping each other navigate the crypto world smarter!
Disclaimer
The information on Coinsniper is user-generated and not verified. Coinsniper does not provide financial advice or facilitate transactions.
Also note that the cryptocurrencies listed on this website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments.
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