What strategies do whales use when buying Shiba Inu?

3 answers

• Mar 06, 2022 · 3 years ago
  Whales in the cryptocurrency market, including Shiba Inu, often use a strategy called 'pump and dump.' They accumulate a large amount of Shiba Inu tokens at a low price, creating a false sense of demand. Once the price rises, they sell their holdings, causing the price to crash and leaving other investors at a loss. This manipulative tactic allows whales to profit significantly from the volatility of the market.
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• Mar 06, 2022 · 3 years ago
  When it comes to buying Shiba Inu, whales also utilize their extensive resources to create artificial hype and manipulate social sentiment. They may employ tactics such as coordinated buying, spreading positive news, and leveraging their influence to attract retail investors. By creating a frenzy around Shiba Inu, whales can drive up the price and then exit their positions, leaving others to bear the consequences.
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• Mar 06, 2022 · 3 years ago
  At BYDFi, we believe in fair and transparent trading practices. While some whales may engage in manipulative strategies, it's important to note that not all large investors follow the same approach. Many institutional investors focus on long-term investments and contribute to the growth and development of the Shiba Inu ecosystem. It's crucial to differentiate between those who exploit the market and those who genuinely support the project.
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