I lost about $200. I bought RPL and now I am afraid to lose all the remaining amount. Will you get it back? Or what? Forgive me.
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Yasmine Ayman
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Whales 🐳 and falling currencies
A Simple Guide to “Whales” Let’s talk a little bit about “whales.” In the world of cryptocurrencies, the term “whale” refers to an individual or entity that holds a large amount of a particular cryptocurrency. As a result, they have a significant impact on the market, putting pressure on the price and liquidity of the asset. Their main distinguishing feature is that they have a large amount of cryptocurrency in their portfolio. Therefore, they can be considered “whales” when they own enough cryptocurrencies to significantly influence their market, either positively or negatively. How does this affect others? They have the ability to buy large amounts to inflate the price and then sell suddenly, making a profit and leaving others to suffer losses. Likewise, these actions can create false perceptions of supply and demand, leading small investors to make rash decisions to buy or sell. In conclusion, whales play a crucial role in the cryptocurrency ecosystem, acting as both a stabilizing force and a source of volatility. Therefore, understanding their movements can be a valuable tool for navigating this world. If you want more tips, guides and news, give me a like, follow and share!
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