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    Author Topic: If a whale is buying Bitcoin then I too will buy Bitcoin.  (Read 1149 times)
    SaShiRaJaVu
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    May 28, 2019, 05:18:35 PM
     #101

    What is use if you wanna buy bitcoin if whales buying a large of bitcoin then you might had to buy a more pricey bitcoin then whales. Their was no use in term to buy something if the whales buy it or not as the market is not really has being controlled by whales. Exchanges is a free market so up and down is determine by it own market.
    The notion of buying when the whales enter the market is to ride the momentum and it is not a good advice to begin with, the market is free to trade for everyone and the whales have too determine what the price will be and it is not determined by its own  Tongue . I would never plan to ride the market as it might not end up in a profit majority of the time, you need to have the patience for the market to go down to enter and hold for the long time to make any substantial profit.
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