As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.
What's the community's take on this?
That's how the financial markets work. If you are against the way financial markets work, just don't bother and pick another job or hobby.
Can you figure out a way to stop "big money" from buying BTC and entering the Bitcoin market? I don't think so.
Bitcoin would've been way more boring and uninteresting for the vast majority of the traders/investors, if the price was less volatile and there weren't any "big money" in the game of crypto trading.
The stock markets also have a bunch of whales, who are buying low and selling high(and they are probably manipulating the prices). I don't see anyone complaining about the stock market whales.
If you are a crypto trader and you are failing at timing the crypto market, you should blame yourself, not the crypto whales.