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/biz/ - Business & Finance

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7102267 No.7102267 [Reply] [Original]

>whales are accumulating
what does this mean?

>> No.7102380

>>7102267
Thats what faggots Say when a Coin is being dumped

>> No.7102461

whales are always accumulating

>> No.7102511

>>7102267
Americans are buying

>> No.7102929
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7102929

>>7102267
It's what faggots involved with PnD groups & Redditors say when they want to attract the dumb money.

>> No.7103013

>>7102267
1. Whale has extra fiat
2. Whale has large stack of a coin
3. Whale starts selling from stack suddenly, forcing a drop in price
4. Panic sets, others start selling
5. Whale uses extra fiat to buy even more of the coin than they had before at a much lower price
6. Whale has accumulated more of the coin for cheap and price tends back to its more general trend

>> No.7103821

>>7103013

it's not with fiat. They place buy and sell borders where it won't rise above or dip below when there's no hype left (see TRX).

Meanwhile they keep selling off in between for just enough BTC/ETH to start buying at a cheaper price, making constant gains of 1-5%.