HI there, this is Lucky Ali, and welcome back to my new blog. 'Whales' is a very famous term in the cryptocurrency world, and it is a very powerful term, too. Whales holds large amount of crypto, which is why they are called whales, and you can say this is the definition of whales. They are different from small investors like us, and they always have a different plan. If you can understand how they make money, then you can avoid many mistakes and improve yourself. So let's talk about it.
1. Buying When Everyone Is Scared
There is a strategy called buying a deep, and whales know how to perform it perfectly. panic time is the golden period for the whales when normal investors like us start selling out of fear and panic, whales accumulate crypto on a large scale. That's the reason whales always win the game. Instead of panic selling, think carefully and save your crypto during such times. The condition is project should be powerful in which you have invested.
2. Selling When Hype Is at Its Peak
Same same, but it is in reverse from the above strategy. When everyone starts saying to the moon, whales start selling in small parts. They don't dump suddenly. Small investors keep buying in such times, but whales exit in such times slowly and steadily. You have to do it like this if you want stand out in this crowd.
3. Market Psychology Over Emotion
No one cares about your emotions in the market, so delete your emotions and work for the betterment. You have to think beyond the fear, excitement, and greed and only see psychology and data, and this is what whales do. Sometimes, whales plan the situation, and they understand human emotions. They understand, but they don't follow.
4. Long-Term Holding (HODLing)
If you are running behind A coin, a B coin, or any blah blah blah coin, then this is over, my friend. Stick on strong project for the long term. Whales don't trade daily; they just buy strong coins like Ethereum and Bitcoin and hold for the long term. Hive is a good option too for the long term thinking.
5. Using Multiple Strategies Together
There is not just hodling in crypto, but many more things to do. No doubt your major part should be in HODL, but you should have different ways to make extra crypto, such as yield farming, staking, spot trading, liquidity, and more. Your main portion should be HODL.
Conclusion
Always remember, guys, information is the key to success. Keep yourself updated on every single thing in the market, and this knowledge will help you a lot in this market. What are your thoughts? Please do let me know in the comment section, and also share this post. b bye.
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 | Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring. Thank you, hive family ♥ |
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