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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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6622935 No.6622935 [Reply] [Original]

Almost everything in my portfolio has a big fucking sell wall that it's butting up against right now. These whales had plenty of time during the dip to pick stuff up for cheap, so what gives? Are they being benevolent, and keeping the market from cooking off too fast? Or do they just not want everything mooning all at once, so that they can hop from moon to moon to maximize their gains? It's a little frustrating either way.

>> No.6623396

A sell wall means your coin is worth more than that look at it that way

>> No.6623492

it's not a sell wall brainlet /biz/ likes to classify anyone selling as a "whale accumulating" when it only really holds true in high volume situations with a coin that is literally mooning so hard the wall is the only way to get more

it's just smart money selling the dead cat bounce before the real blood tomorrow

>> No.6623628

>>6623492

sold low

>> No.6623711

Whales are greedy asf

It's not good enough to buy low they have to make profit on every single minute

>> No.6623728

>>6623492
That wall needs punctuation, brainlet.

>> No.6623810

>>6623492
There are sell walls which often put stop to moons in a few coins. The ones in Salt are terrible, they really control the price.