HERE'S A WARNING SYSTEM YOU CAN ADOPT

HERE'S A WARNING SYSTEM YOU CAN ADOPT

By Franklinlee | All-things-Crypto | 24 Mar 2020




As much as I would like to lull you with stories that Bitcoin runs on pure supply and demand, that the traders and mass adoption affect the price of Bitcoin, it really isn't true. I have a friend (real smart guy if you ask me), he is well aware of the fact that the Crypto market is highly manipulated so what does he do. He follows accounts that track whale movements of Bitcoin on Twitter, and other monitoring apps like Coinness. He watches out for large volume of Bitcoin moves to exchanges because he knows that forces like the whales, miners and the exchanges are the real manipulators of Bitcoins price. So when he see a rather large whale move, he simply pulls out of all his positions and waits for them to do their thing and dump the price, then he goes in and picks the scraps and buys some more Bitcoin and repeats the cycle again (now you see he is smart). The whales know that once they dump on the market, most scalp traders go into panic mode and are hit with Fear, uncertainty and doubt. Next thing they do is to sell off their Bitcoin in panic and they further lower the price, allowing the whales to go in and get more Bitcoin for HODLING.


 

 

 

To be honest this is a warning system that I have adopted a couple of times and it has being successful. I mean no system guarantees you wins 100% of the time and I have had my gains with it, and I can say it's something you should try. You can consider this as exactly what I call it, a Warning System. It is not trading advise or a strategy for trading. Research about the whales, when they sell and what triggers them and you will learn a thing or two I promise you that.








 

 

 

DISCLAIMER: This piece in no way constitutes financial advice. Pls be careful and carry out adequate research before putting your money anywhere.


Franklinlee
Franklinlee

Crypto enthusiast, collector, money lover.


All-things-Crypto
All-things-Crypto

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