RE: Blockchain and Cryptocurrency Basics - Understanding the Power of Whales in the Market

You are viewing a single comment's thread from:

Blockchain and Cryptocurrency Basics - Understanding the Power of Whales in the Market

in hive-175254 •  2 years ago 

Nice information. The actions of the whales can have both positive and negative effects on the market, and it's essential for small investors to be aware of their influence. On one hand, the whales' investment decisions can increase the liquidity and stability of the market, but on the other hand, their actions can also result in sudden price swings and volatility, which can negatively impact the small investors.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Yea, you are right, the actions of whales can have both positive and negative impacts in the market.