Hi Crypto Enthusiasts
I have been observing this behavior from quit long
1) Big whales or Holders wait for some FUD news . As soon as they receive start to sell their Holdings
2) Small investors and Newbs get Panic they also start to sell .
3) Market crashes then these whales Fix the lowest target . Start to Reinvest the Money
4) Again people will see the raise start to invest some will leave by facing huge loss .
Here Whales are making big strategy . Please spread news among community so that we can atleast try to stop this crypto Corruption
I am seeing again normal people loosing their monwy.
These are all basic free market tactics, especially seen in the commodities market. Unfortunately we as a small investors don't have the resource to stop this in any way. Awareness is not the solution here because the small investors don't have the money power to stop this manipulation. The only way is to get along with the wave and make profit out of it. It is very easy if you start using dollar cost averaging technique instead of selling your holding out of panic.
When ever the market goes red, try to buy bitcoins in small quantities. Market goes down further and you buy again in small quantities. From the recent trend of market, I have see that a downtrend is usually runs for 4-7 days and not more. So have a target to buy small quantities of bitcoin in all these days. If you have $1000 of surplus money, spread it in $200 for 5 days. This way you will be able to lower your buying price using averaging method. When the market goes up beyond 10-15%, sell those.
I personally use this technique for short term investment and the failure rate is very rare. Crypto currency market is a free and an international one. Every turns and twists in the market, comes with significant opportunities. You just need to learn how to survive.