Crypto market always have been manipulative. Whether it has been by influencers, celebrities or by Crypto whales. At the end of the day a common trader always get trapped In The dirty business. So how to beat them in their game
How Crypto Whale Manipulate The Market
There are several tactics to manipulate the market. With the large sum of money some inside the information and vast following of people crypto whales as well influencers always stay ahead of the game by yards.
A. Pump and Dump scheme
Pump and dump scheme is one of the most easy and manipulative scam. Whales or Influencers chooses or create micro cap coin and then shill it. For whales it goes like this they create a coin pay influencers to shill it on DeXes than easily sell their portion and dump the entire coin.
B. Wash Trading
Wash Trading also one of the tricks use by these whales. They create artificial demand for a token by placing large buy or sell order. That creates a artificial buy flow or sell flow. And people tend to believe that it's true and try to catch the knife. They always attract majority of people cause the token might plunge 50% in 1hoyr or drowing 30% in 5 minutes that itself create a seniment in traders mind. Which is purely planned
C. Coordinated Selling
Whales may collaborate to execute large-scale sell orders simultaneously, causing panic selling among retail investors and driving prices down. This coordinated effort capitalizes on the psychological impact of market fear.
Strategies To Beat Crypto Whales
So what average today accept their defeat and move on or try something Brave. Well beating Crypto whales isn't a big thing. Beating them is like Beating the market sentiment. You've to be patience enough to try. Here're some Tips
Conducting Research
Diversifying portfolios
Utilizing technical analysis
Engage with community
Adopting Long Term Holding strategy
A. Conducting research
Research before putting a single penny on market. If you don't research and play blindly on market flow you might get wrecked as there're many manipulation in market every checkpoint. So conducting a proper reserch before putting money is a must.
B. Diversifying portfolios
Putting all money in one coin or one type of coin or One sector is pure foolish move. Diversifying is a great thing. If you diversify your portfolio and putting money in different aspects you might get less scratches than other players. Market doesn't move like a river many sectors can be up when whole market is red.
C. Utilizing technical analysis and Stop-loss
Technical Analysis, this is the most used world in Crypto feternity. And belive me it's very important rather than depending on chances and gambling technical analysis always gives you a edge. Putting stop-loss can save your portfolio getting rekt it's like Airbag.
D. Engaging with the community
Before putting money in any project try to engage with that community. Discuss with them, try to connect with them if you believe they have proper reasons to get your money you can go for it.
E. Adopting a long-term investment approach.
Long-term investment is cool. It eventually eliminate short term market volatility. By investing long term it doesn't mean you should put your money in a unknown coin in hope for a 1000x long-term investment should be decided by technical analysis and Fundamental analysis.
These are some of the tips you can follow to get more exposure in market and stay ahead of most traders.
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