How Whales Exploit Your Market Weakness
Constant Complaints, Only to Be Sheared
When you complain about a certain token, the whales are delighted; they won't lift a finger to help you. They wait for you to lose hope and sell at a low price. At this moment, they take the opportunity to buy in cheaply and then raise the price. When you see the price has risen, you eagerly buy back in, only to end up trapped again, in a vicious cycle.
Limit Orders Become Traps, Resistance Levels Become Targets
You set a sell limit order, and the whales are watching. They know roughly what price you want to sell at. This price becomes their target; they will find ways to drive the price down to make you anxious. Once you can't hold on any longer, they push the price back up, making you think spring has arrived, only for you to sell at a loss.
Practical Advice for You
Don’t set limit orders, let the whales be puzzled
If you don’t set limit orders, the whales won’t know what you’re thinking, making it difficult for them to manipulate the price. You won’t easily get trapped.
Don’t keep staring at the charts; maintain a steady mindset
Constantly watching the price can make your mood like a roller coaster. Instead, set a price alert; when the price hits a certain point, your phone will ring, and you can then take a look at the market. This way, you can avoid impulsive trading and adhere to your strategy.
If you always miss the right timing and are confused about what to do, you need to meet one condition to keep up and learn: you must be action-oriented, ready to take action. Like and leave a message, and I will help you make big money!
