#Write2Earrn Dancing with the Whales "Dancing with whales" should be the novel that retailers write that survive the cryptocurrency market.
What does dance consist of?
Well, imagine being a whale with 60,000 BTC, short selling at 70,000 USD and then selling a large lot of $BTC flooding the market, you make the price start to drop and, out of fear, the others sell Thinking that the price will fall further, they cause a snowball effect and their own fears come true and the price falls. Meanwhile, the whale collects its profits from the short sale, takes advantage of the price drop greater than the effect of its own sale, because the effect of selling out of fear of retailers was added, repurchases what it sold and more, not without first put a long purchase (buy long), to surf the wave of price increase caused by its repurchase and the FOMO effect of retailers who see, again, the $BTC rising.
Given this, what you should do is "rinse and repeat" and retailers always transfer wealth to the whales, no matter what.
How to defend yourself?
Buy when they buy, sell when they sell by tracking their wallets, or simply apply GameKyuubi wisdom and HODL!
Stay strong and remember that this can be a long-term investment.