The whales have the capability to dump the crypto market into bearish but the whales are not the major player of this current market so it will difficult for a single whale cannot manipulate the market price but if two or more whales come together, they can manipulate the market price.
Do you mean the big institutions are the major players? It feels like retail is just along for the ride and are at the mercy of the institutions and whales.
Absolutely, institution and some private companies are the major investors since last year bullish market start. There is a tweet provider by a social media influence that contain the rank of crypto major holder in this current market. It sad I was unable to find the tweet link.
All the analysis in the world (both technical and fundamental) doesn't seem to matter at all as long as the big players are in control. As a retail investor it honestly seems like market direction is a coin flip (especially now).
and it hard to tell when the market correction/blood bath will happen this year this is the reason why i advice people to seize the market opportunities, sell half of their investment cause the market next trend is not certain.
I entered the market this year and gradually put in more and more money to the point where it made me uncomfortable, so I sold with some profit after the recent crash and slight recovery. I'll regret if the market pumps from here but the risk was too great to handle another dump.
There's no need to regret cause market blood bath is still coming and I'm scared this current market trend could the step into the bloodbath.
It seems to me that the "safest" way to invest is to gradually accumulate in the bear market years and then gradually sell during the bull market, while keeping the most promising bags for the long long term.
Yes, this is the perfect strategy for retailer investors whos not into day trading.
I just got into crypto too late to build a proper foundation that could handle the volatility. But the lessons I've learned have been valuable. I bought back in at the last mini dip for a fraction of what I had invested before. Will suck if we just go up from here but the stress is palatable now. Just have to learn the right way to invest now.
You are never late to get into crypto if you have the require knowledge and understand how to choose the best investment before the public accumulation.