Whale story is a Cock and Bull story . Whales have invested for profit . Consider , where sall the market hosts get that profit from ? Because the hosts have to pay the profit by pumps that we are awaiting for .
Hosts have to collect all investment both of small traders as well as whales and they have to invest the total amount to earn and then the profit they get , they bring that to market , share us our profit .
May be , whales invest big amount , if they withdraw they only take back their own invested amount .None of the market give them a single farthing over their capital . This is right that they take away the lions share of the total profit but we should remember , they have invested a very big amount .
Cost of a coin does not depend on investment from whales . I think ( I am not sure ) when the investment from the traders remain stagnant , i - e , the hosts fail to invest the total collection of the market to get or catch profit the hosts become helpless to devaluate their coins or they have to exclude bank interests of their debts ( which they took from other banks as loan against any of their coin ) from the total value of their coins . Thus price of a coin falls .
whales may move price of a coin a little , like , 3 - 6 % of regular market price . Or the hosts would become pennyless bankrupt because none of the traders would keep ones coin not sold when price of that coin would bear enough as profit .
We should consider this in trading .
Essay by -
Mr Hookka