Alexandoy
VIP Contributor
I have been studying the crypto coin for a long time now but I have to admit that I still cannot get the entire concept of the market. It seems to me that the public is just guessing and relying on the hype. Worse, the hype is connected to the statements of a whale or any news about a whale.
If I were a whale and I have a million dollar worth of crypto coin I can easily sway the market price by selling all my crypto coin today. When the price goes down I will buy my crypto again. Next week I will sell it again to see if the price goes down. And when it does then I will buy again. What do you think is the logic of my theory and is it possible to do?
If I were a whale and I have a million dollar worth of crypto coin I can easily sway the market price by selling all my crypto coin today. When the price goes down I will buy my crypto again. Next week I will sell it again to see if the price goes down. And when it does then I will buy again. What do you think is the logic of my theory and is it possible to do?