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Gambling on Crypto Market, Whale Methodology, True Value Recognition of Altcoin

Date:

Sajjad Hussain
Photo by Keenan Constance on Unsplash

After the crypto market recent dip tens of thousands of people lost their money, wealthy investors think that this dip is really cool but ordinary investors paid the prices of their ignorance, if the whale switch off the gamble then you won’t be able to win a few times until the same whale switch on the gamble. Historically only a few really make money in a bull market and their proportion is too small, many people think that they are the lucky winners of the bull market but accumulatively 95% of the investors are the losers while only 5% reach their goals.

It is obvious that traders who entered first are winners in the crypto market and definitely create enough money, the late entries never achieved such success, if you pick some new altcoin you need to check the attached financial concepts with the crypto asset, the altcoin must reflect back its original value, recognition, and acceptance, however, the crypto asset is the code, speculators always comparing the crypto asset with other valuable items, previously they matched Bitcoin with gold, blockchain programmers skills not enough to form the value and recognition of the crypto asset, but only with the help of some whale on Wall Street.

When the price of altcoin is at the bottom or worthless the whale bought the altcoin in large quantities, then sending out the winds of thought to market about the worth of the altcoin, different speculators will start forecasting the true value behind the altcoin when the market started picking up the number of altcoin on the market are exchanged, the key point here is that the major altcoins are in the hands of the whale, and he uses his real money to exchange the altcoin.

The whale has real money that linked with the financial market and the crypto asset, whale wants to develop the bridge between the altcoin and actual currency, under the hype of whale, the altcoin value identity developed among people and investors, the merchants, and financial service providers seek only the whale’s company to exchange for real currency, the whale has money and withstood the pressure, and he sold his crypto assets to make a lot of money.

After making enough money the whale wants to send the winds to the market that this crypto asset is worthless and already in the air, the whale made a lot of money to sell and the rest investors were left while holding altcoins, whale stops the accepting altcoin anymore, then you know the final result the coin is nothing and not have true value.

The Crypto market is a virtual gamble across the globe, for those whales who did not participate, they might as well start another round of the game, due to the expertise they have, always play well and control the gamble all the time, there are many altcoins available for gamble the essence always lies in imitating the gameplay.

Without the participation of whales, no one can generate the value of the altcoin and recognized the true value of the altcoin, when the coin has not recognition of value, it’s only in the air and misrepresent in the currency concepts once the value is unrecognized, it is denied by anyone in the market, whales use media to fool people, and agree them to accept the value of the altcoin.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://medium.com/cryptocurrencies-ups-and-down/gambling-on-crypto-market-whale-methodology-true-value-recognition-of-altcoin-5fc2a753a135?source=rss——-8—————–cryptocurrency

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