#BURNGMT @GMT DAO Big players and whales employ smart strategies to maximize gains, often at the expense of regular investors. Here's how their game works:
4-Step Whale Strategy
1. Sell at Peak Prices: Whales sell off holdings when coins reach high prices, triggering a sharp drop.
2. Panic Selling: Retail investors panic and sell at a loss, driving prices downward.
3. Mini Rebounds: The market shows small recoveries, only to drop again, trapping traders.
4. Accumulate at Rock Bottom: Whales buy back coins at discounted prices, starting the cycle again.
Protecting Yourself: 3 Smart Strategies
1. Secure Profits Early: Take reasonable profits and secure funds to avoid major losses.
2. Set a Stop Loss: Minimize losses by setting a stop-loss level (e.g., 3-4% drop).
3. Have a Plan: Decide on profit and loss targets before trading and stick to your strategy.
By following these rules, you'll reduce your risk of significant losses and consistently lock in small, steady profits. Trading is about disciplined decision-making, not hoping for miracles.