A lot of people enter crypto as a potential way to make big money and don't get me wrong, that is clearly still possible. With the right long term hold you never know- if you have an early equivalent like something like Google or Microsoft used to be, you could technically be early enough on something for big rises in the future. 📈
That said there are no guarantees like with most things. But I imagine historically it is usually the whales who walk away laughing with big blobs of money.
To add to that I think a lot of times they may be what's manipulating the market- including even regular stocks. 👕
To give the most simple analogy-
This fat whale put 10 million dollars into doge or bitcoin- the market gets excited- over a number of days, weeks or months depending on market conditions, people start to poor money, especially shrimps like many of us and the next thing you know the market dipped like a volcano while the 🐋 walk away happy with literally 10's or 100's of thousands dollars in easy profit while many of us feel bad about the few hundred or thousands of dollars we have in crypto 🤣
What do you all think?
submitted by /u/lymeguy
[link] [comments]