$NOT $BTC $ETH Let's talk about whales. It's long, but bear with me, it may change how you view *whales* in crypto markets.

NOTE: This is not AI generated content.

🫴🏻A crypto whale refers to a person or entity that holds a large amount of cryptocurrency, enough so that their transactions alone can affect the currency's market. Generally, someone owning at least 10 percent of a given cryptocurrency can be considered a whale.

Now before we move on, let's remind ourselves that we all are here to make bags by making smart trades, correct?

So when we see large transactions happening and the market goes wonky, why do we blame them and curse them? Aren't they here to earn too?

Yes I agree that sometimes some planted whale or a group of whales make manipulative trades to shift the dynamic of the market, and yes, that's wrong.

But imagine if me or you had millions of dollars. We make a little trade to get some profits and due to our trades the market panics, is it our fault? Absolutely not.

Whales are the reason we witness and enjoy bull runs, but when they sell (of course they will, to book their profits), we go nuts and put all the blame on them...how does that make sense?

If we were in their place, wouldn't we be selling to book the profits too?

Let's change our perspective from now on.

Firstly, we must know the token we are in if it has large volume trades which indicates whale activity. So we must plan a good entry and exit strategy, rather than tearing up seeing huge sales.

Secondly, it's OUR lack of knowledge or OUR fault that we lose money. If we accept our shortcomings, we can improve our trading strategies and learn + act accordingly.

🫴🏻I am no trading tycoon here lol, even I have lost up to 60% portfolio once. That was my lesson to step my game up. The above mindset helped me recover my losses and I hope it does help you too

Do your own research and let's all (me included) must hold ourselves accountable so we can improve ourselves in return. Good luck!