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Edgar_io
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$THE How Whales Can Exploit Your Weaknesses in the Market
1. Constant Complaining Leads to Losses
When you constantly complain about a coin’s performance, whales avoid pumping it. Instead, they wait until you become desperate and sell at a loss. This allows them to buy at a lower price to then pump it. You then buy again at a higher price and the cycle repeats.
2. Limit Orders and Resistance Levels
If you set a limit sell order, whales know what the average price is for most traders. This price acts as a resistance level, and whales will manipulate the market to keep it below your target. They will move the price up and down to wear you down, eventually forcing you to sell at a loss when you become frustrated or impatient.
Best Advice for You
1. Remove your limit sell orders
Without a set price, whales won't have a strong resistance level to exploit. They won't know your target, and you won't be as vulnerable to price manipulation.
2. Stop watching the charts
Constantly monitoring the price.
1. Constant Complaining Leads to Losses
When you constantly complain about a coin’s performance, whales avoid pumping it. Instead, they wait until you become desperate and sell at a loss. This allows them to buy at a lower price to then pump it. You then buy again at a higher price and the cycle repeats.
2. Limit Orders and Resistance Levels
If you set a limit sell order, whales know what the average price is for most traders. This price acts as a resistance level, and whales will manipulate the market to keep it below your target. They will move the price up and down to wear you down, eventually forcing you to sell at a loss when you become frustrated or impatient.
Best Advice for You
1. Remove your limit sell orders
Without a set price, whales won't have a strong resistance level to exploit. They won't know your target, and you won't be as vulnerable to price manipulation.
2. Stop watching the charts
Constantly monitoring the price.