For all the new crypto investors!!!

in bitcoin •  7 years ago 

For all the new #Tron & crypto investors, I thought I'd give a quick lesson on "walls" which are often mistaken for huge buys or sells. The photo below is a very typical example of a sell wall. A whale has put up a huge amount of #TRX for sale. But do they intend to actually sell it? NO. What this is designed to do is encourage concerned smaller investors to sell below that price. This in turn causes a snowball effect where small investors panic and try to sell their #TRX at lower and lower prices. The whale then snaps up all of this #TRX at the lower discount prices without actually ever selling any of their #TRX! They then remove the sell wall and it disappears. This is why it is important to #HODL. The fact we have these big sell walls is actually a good thing. It means that whales know a bullish uptrend is about to commence, and hence will try to buy as much as they can now from inexperience investors selling below their wall. But if you don't #HODL, they will continue to have a field day. Hope this helps some!

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All I understood was hodl 😁😂

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