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/biz/ - Business & Finance

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49879887 No.49879887 [Reply] [Original]

Imagine being a crypto whale, watching people cower in fear every time you move your crypto around. It must feel great to be able to have that much influence.

>> No.49880459

It’s fun the first time but then gets very annoying. Not many dex have enough liquidity, pay $100k anytime I want to make a big trade.

>> No.49880708 [DELETED] 

>>49879887
Sometimes their trades just about kills a token on tree low liquidity pools. I'm not rich but I usually just sell in smaller amounts, you end up getting better rates on a dex anyway compared to one huge sell. If you sell so the price stays above the vwap people tend to keep trading too and don't get shocked into giving up and selling at the bottom

>> No.49880739

>>49879887
Sometimes their trades just about kills a token on the low liquidity pools. I'm not rich but I usually just sell in smaller amounts, you end up getting better rates on a dex anyway compared to one huge sell. If you sell so the price stays above the vwap people tend to keep trading too and don't get shocked into giving up and selling at the bottom