The world of cryptocurrencies attracts thousands of new interested parties every day. Many are excited about quick profits and hope to find the next big coin with a few tips. Every day, I see the same questions in crypto forums and social media groups:
"Which coins should I buy?"
"Which signal group is the best?"
The problem? Many fall into a trap set by experienced market participants known as whales and manipulators.
How does the game work?
1. Professionals buy quietly
Whales, large investors, often buy weeks or months in advance at favorable prices. They move the market deliberately without attracting attention.
2. False hype is created
Once the big players have built their position, they launch a PR campaign: they spread "tips" and rumors that go viral and attract newcomers.
3. Newcomers eagerly jump on board
Many believe they are getting in early and buy at the supposedly low price.
4. The price rises and whales sell
When enough people have entered, the whales take their profits through sales. The price falls, and many newcomers are left with their losses.
What can you learn from this?
Cryptocurrency trading is not a game and certainly not a gamble where you should blindly follow tips. Behind seemingly valuable signals often lie interests that are not yours. This means:
Do not blindly trust "hot tips."
Educate yourself to understand how the market works.
Use tools and analyses to make your own decisions.
Be cautious of groups that promise quick profits.
Conclusion
Those new to the cryptocurrency world should bring one thing above all: patience and knowledge. Do not be seduced by quick hype. The truly successful investors trade with strategy and the firm conviction that knowledge and caution are the best protection.