Youre right didnt considered that. But isnt it a big gamble for a whale? Hw must put alot of money into this then and even then he pushed his own price in sky. But yes eventhen he could manipultate the price. Another good reason for me to wait even when the price rockets.
RE: Why you should NOT buy EOS on the first ICO!
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Why you should NOT buy EOS on the first ICO!
Now-a-days, whales are very patient. They will first drive down the price, and wait for a period of time and drive down the price even more, when everyone starts to panic sell...they will buy up very quickly then drive down the price again. Unless you got a pre-pump signal from a whale, you probably won't react fast enough to make a profit. As we speak, Eth price is going down to $260 at Poloniex. Good Luck investing!
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