🔍 Why do we follow wallets before investing?
If you are a beginner in the crypto world, you have definitely heard about "wallet analysis" or "On-chain analysis".
So, why is this important before you enter a specific coin? Let me explain it to you simply 👇
When you find that only 15 wallets own, for example, 50% of the total coin, it means that the coin is concentrated in the hands of a very small number of people.
What's the problem here? 🤔
If one of them decides to sell a large part of their coin, the price might collapse in moments. Literally: the coin falls to the ground.
Following helps you know:
Who are the "active" wallets that move a lot (active wallets)
And who has a stable holding that doesn't easily affect the market
And when you decide to stake or hold a coin, you need to calculate it right. Is the coin distributed? Who holds it? Are there "whale" wallets controlling it? Long-term investment is important, but for speculation, just trust in God.
Invest wisely, and follow the data before emotions.
#Crypto #OnChainAnalysis #Wallets
#استثمر_بحكمة