the_bitcoinbull

To be more precise. #Whales follow a very ancient technique known as a wyoming curve. This was also followed by big firms back in the early days of stocks and shares. To start with. A whale will have considerable amount of cash. Say a million dollars. Let us take the curve of BTC. The whale will start by buying small quantities of BTC regularly . This obviously won’t push up the price. But it also prevents the price from going down.
Once the whale stabilizes the price. It will slowly start to buy BTC in larger quantities. This will slowly push up the price in a very stealthy way. Retail investors who don’t have any idea of what’s happening will jump on the bandwagon. Further contributing to the whale’s grand scheme.
Once the whale exhausts his capital of 1 million bucks. The price of #Bitcoin will be considerably high. The whale will reverse its original strategy. Now is the time where it makes big bucks. It will start to place sell orders for small quantities. This won’t push the price down but won’t let it go up either. After it gets the price on the downtrend. It starts placing bigger quantities of BTC. A skilled one would even short BTC on a downtrend. The price would plummet after the whale exhausts his entire supply of BTC.
The whale would now have its initial investment of 1m$ + a whole lot of millions depending on how well it placed the buy/sell orders.
This is the “clean” way to make money by being a whale. The dirty way is your typical pump and dump schemes. Fake signals.etc.

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By @Bitcoin Bull