Why 90% of People Lose Their Savings: What is Whale Manipulation?
The cryptocurrency market is known for its wild swings, offering the promise of riches for those who play their cards right. However, behind the scenes, a silent predator lurks — whale manipulation. This is the hidden force that causes 90% of traders to lose their savings. But don’t worry — I’m here to explain how to navigate this dangerous landscape and protect your hard-earned money.
What is whale manipulation?
Whales are individuals or entities that hold significant amounts of a cryptocurrency. With such immense power, they can influence price movements, often creating the illusion of market trends that lure retail traders into making bad decisions. Through tactics like pump-and-dump schemes or spoofing, whales prey on uninformed traders, leaving them with huge losses.