Anatomy Of Whales (Cryptocurrency).

in #cryptocurrency4 years ago (edited)

Whales (Cliche name) are divided into 2 groups.
[Based on some speculation, and shallow research.]

Billionaires (Rare) - Losing couple of millions considered small Risk

  • This group tends to play with millions at hand, usually in smaller cap Coins. since losing 1 or 2 million is not considered vital.
  • And also are immue to fud, and usually control the price fluctuation during the dips & pumps.
  • They also have controle over the releation Alts hold on to eachother. (in terms of Price).
  • They make profit out of relatively smaller Alts, TRX, XVG, DOGE, ...
  • They are experts on manipulation and controlling the Price During Long period of time (Months).
  • At the moment, they're making the market looks unpredictable, so smallers Investors can't read their Cards. (game of Chess).

Millionaires (most common) - Losing couple of millions can be Vital.

  • This group tends to rely on Coin with bigger Cap, ETH, BTC, XRP, XLM, ...
  • They play it less risky but more often. (Daily).
  • Have less impact on the final price of the Alts.
  • Are not immue to FUD. can be shaken as well as normal investors.
  • They profit the most out of price fluctuation (small Ups/Downs) either during Dips or Pumps. (Using Bots).
  • They are experts on controlling the price during short period of time (Weeks).
  • At the moment, they're promoting and/ or spreading FUD in the competitor's market.

My first Steem post, so Up-vote if you have Liked it ^_^

Sort:  

Beautiful explanation about the whales..looking forward to receive some more similar yet informative posts from you Best of luck **

Thank you, I will be posting similar yet more informative posts in near-future.
Hope it Helps us all.

Bro, so even i have like 57 views, how come no one Vote my post?
since im new to Steemit. hehe

wow
nice post
tanx for sharing

Thank you, I'm going to post similar and more informative and Practical solutions in near future.