#Whalestrap
How Whales Deal Small Traders..???
Market Manipulation:
Whales can drive prices down to buy low and sell high.
Order Book Spoofing:
They create false demand or supply to trick smaller traders.
Liquidity Impact:
Large trades by whales can cause high volatility and slippage.
FOMO and Panic Selling:
Whales can trigger fear, causing small traders to make poor decisions.
Exploiting Weak Hands:
They push prices down to buy cheap from panic sellers, then let the market recover.
Overall, small traders need to be cautious and avoid reacting impulsively to market movements that could be influenced by whales. Strategies such as dollar-cost averaging, setting stop losses, and focusing on long-term trends can help mitigate some of these risks.
Good Luck 🤞