If you have ever explored crypto currencies in Vietnam, then surely concepts such as Sharks, Owner of exchanges and Investers are all too familiar. However, in order to make a good investment, you need to know where you stand and what roles and advantages you have, so that you can have profit-making decisions as well as choose how to invest. wise.
So, let 's learn about the shark, trading exchanges, and investers perspective in the cryptocurrency market
1/ General View
At the present, you no longer have to wonder whether to invest Bitcoin or not. Now, the thing you need to care about is the thoughts and views of sharks, own exchanges and investors!
Basically, sharks, owner of exchanges and investors all just want to make a lot of money in the market. Surely there will be someone who winner or loses, important is how you handle it. Everyone has strengths and weaknesses. Therefore, learning and development is the prerequisite to survive in the market.
2/ Shark's point of view
Sharks are people who have a lot of money, but their goal is still money. However, to become a wise and shrewd shark they need to do a lot of work rather than just having a lot of money.
Sharks often use the following steps
- Step 1: Identifying Potential Coins - Assessing The Market and Wave Ability in it.
- Step 2: Collect these potential coin quietly - accompanied by bad news to buy at the lowest price.
- Step 3: Spend money creating some support zones - along with create good news to create a turnaround.
- Step 4: Spending more money again to push up prices and break resistance levels.
- Step 5: Leave the market silently with with large amount of money
Because the market is constantly changing, So, Sharks will depend on the current situation to adapt. They often have little interest in the current Bitcoin pricing, as long as they see that potential Coin, they will put that Coin "Go to the moon".
Sometime, the market of potential coin too large and Sharks uncontroll it, they will link to another sharks, even the whales to join together to eat the fry. The time of Sharks entry is slightly difficult to know, but there are ways to recognize them, and when the sharks escape, it is impossible to know.
3/ Owner of exchange's point of view
Owner of Exchange love the number of participants the most, and the second is money. After that, they like the turmoil of market, they like the fluctuations, they like to coordinate the coin they care about and attract as many participants as possible
How can the Owners earn the money?
- From transaction fee
- From withdrawals and deposit fee
- From coin ads (coin support, ICO support, lending support, margin support)
- From the database user
- From the coin they are storing (especially BTC, ETH).
Therefore, the floor owners must find ways to attract more players, find ways to market fluctuations, must have good news, bad news and they will have many transaction.
At the same time they will regularly update the new Coin on their system to attract new participates. Many coin on exchage are synonymous with increasing amounts of rubbish. Therefore, when trading on these exchanges, we have to purify Coin, not invest to all
4/ Investors's point of view
The purpose of the investors is like Sharks, they want to make a lot of money, but they do not have the strong capital and experience as the sharks, but they are excess of faith.
Most of the newbies are very easy to trap the exchanges and sharks lead to lost all their money because of lack of knowledge, as well as do not know how to restrain themselves, listening to unreliable information makes their money idecreased day by day
To be a wise investor, you need to keep in mind:
- Understanding what is crypto currency?
- How to choose a potential coin?
- Learn trading skills and analytical charts.
- How to protect yourself and your property on the exchanges and wallets.
- Learn everything related to crypto currency.
- Always learning and sharing experience with each other.
Some notes for Newbies:
- Do not believe in advertising on Facebook.
- Do not rely on anyone to share inaccurate information.
- Do not believe that you will earn a lot of money within X days to get X capital
- Do not let others invest for you.
- Do not make direct money transfer online.
- Limit read news related. Hold is long term, trade is the opposite.
- Control financial proper, do not exceed the amount allowed to invest.
I hope this post helpful. Drop me a comment below. I would like to see what others think about this.
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