Feeling like the crypto market's playing tricks on you lately? You sell, thinking you'll make some profit, but suddenly, it pumps. You buy into what looks like a sure thing, only to see it crash hard. It's like there's an invisible hand pulling the strings behind the scenes.
But here's the scoop – it's often the big whales pulling off these moves. With their huge trades, they have the power to shake up the market.
So, how do you avoid getting caught in their game? Think like a whale. 🤔 Predict their moves, seek for a good entry point, consider technical indicators such as RSI, MACD, and assess support and resistance levels. Implement a Dollar Cost Averaging (DCA) strategy to minimize risk and capitalize on price fluctuations. Always maintain a portion of 10-20% of your portfolio in stablecoins to be ready to seize buying opportunities during market dips. Most importantly, maintain patience and caution, and avoid letting emotions dictate your investment decisions.
Good luck 👍