So I've been browsing through the blogs, comments, replies and wallets of some whales the last few hours...
You might ask why did this guy is doing that???
Well to see what they are doing of course! To learn from the great, those that came before me that made it in order to replicate their success.
That is one of the best things about crypto for me... You can see what everyone is doing!
So far, I've found a few interesting tricks and tips but that I'll share with you in another post later on (So follow me in order not to miss it!)
Okey... Back to the story... I've been browsing through the account of this whale and found some interesting thing in his/her wallet!
It seems as if he/she is using a program or bot to trade Steem for SBD. Well nothing wrong with trading Steem for SBD right, everyone does that!
Well then a few minutes later he/she trades SBD back for Steem....????
What do you think he/she is doing? Are they profiting from these transactions or manipulating the price???
Just wondering!!!
Love to hear your thoughts!
Keep on steeming...
well in my opinion a whale can be explained as he/she has got stake on steem and reading above article I concluded that they are not manipulating market but rather taking profit out of it just look at charts SBD always trades just under the radar as compared to steem so they just analyse the market and do trade but if they are using bot in my opinion its the next big thing! Well I just started blogging here! Lets make our journey great again! @sacryptocollect
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I don't have a clue what that whale is doing. Maybe some crypto experts would know. Good luck on your steemit journey it's a bit rough at the moment but hang in there!
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Hi @hope777
Thanks!
It is rough, but hey if you believe in crypto, you know it will get a lot better soon!
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