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Crypto Speak: Whale watching “Whale watching” is to monitor large transactions made by whales (large cryptocurrency holders). Whale watching happens for two reasons: 1. Their actions can have an impact on the market—e.g., if whales start selling a coin en masse, its price will most likely start to fall in the near future. 2. Their actions are an investment idea in themselves, with some investors repeating the actions of whales. But keep in mind that blindly “following” whales is a bad idea because you never know what their true motives are. #WhaleAlert $SOL $BTC

Crypto Speak: Whale watching

“Whale watching” is to monitor large transactions made by whales (large cryptocurrency holders).

Whale watching happens for two reasons:

1. Their actions can have an impact on the market—e.g., if whales start selling a coin en masse, its price will most likely start to fall in the near future.

2. Their actions are an investment idea in themselves, with some investors repeating the actions of whales.

But keep in mind that blindly “following” whales is a bad idea because you never know what their true motives are. #WhaleAlert $SOL $BTC

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Crypto Speak: ROI ROI, or Return on Investment, is a crucial metric in the world of crypto. It measures the profitability of an investment relative to its cost. To calculate ROI in crypto terms, compare the initial investment amount with the current value of the asset using the formula: ROI = (Current Value - Initial Investment) / Initial Investment * 100. For instance, if you invested $1,000 in a cryptocurrency that is now worth $1,500, the ROI would be 50%. This means your investment has generated a 50% return. Understanding ROI helps investors assess the success of their crypto ventures and make informed decisions about their portfolios. By tracking ROI, you can maximize returns and navigate the dynamic landscape of cryptocurrency investments effectively.$SOL $BNB
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