Whales and Retailers

Yes, whales use distraction as a psychological tool to trick small traders into making irrational decisions! 😂

How do whales use distraction to promote cryptocurrencies?

Hype Marketing 📰🚀

Pumping fake or exaggerated positive news about a new currency.

Using influencers and websites to spread excessive optimism.

Feeling manipulation (FOMO & FUD) 😱😈

FOMO (Fear of Missing Out): Igniting the fear of missing out so that small people buy at a high price.

FUD (Fear, Uncertainty, Doubt): Spreading fear and doubt when they want to buy at a low price.

Pump & Dump 💰📉

They buy in large quantities to push the price up (Pump).

Once small traders enter, they suddenly sell to take profits (Dump).

Fake Breakouts 🎭

Moving the price to break through a fake resistance or support, then quickly reversing the trend.

Conclusion:

Whales are actually like evil cartoon whales, they use all psychological and financial methods to lure small traders and steal their liquidity cleverly. 😂🐳