Ayu Anggraini
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A few years ago, I had the chance to be a whale for a cryptocurrency that is no longer on the market.
I felt what it was like to be a market mover.
My focus was not on the amount of USDT.
The focus was on having as much supply as possible.
Sometimes scaring buyers by placing sell orders with very large capacity.
But on the other hand, I also placed bids below or in the middle, as long as they were visible enough, as a large buy support, I did it hoping for sales from weak hands who were afraid of a decline.
My coins usually did not sell because traders often placed sell orders above my order so their orders would be executed first (due to panic).
After my bid was filled, and I successfully obtained the supply, I would cancel the sell order.
Over time, I eventually realized that it was not a good way to make money..
I realized that being so good (expert) at bad things is not good.
Since then, I have never done it again.
#BinanceAlphaAlert
I felt what it was like to be a market mover.
My focus was not on the amount of USDT.
The focus was on having as much supply as possible.
Sometimes scaring buyers by placing sell orders with very large capacity.
But on the other hand, I also placed bids below or in the middle, as long as they were visible enough, as a large buy support, I did it hoping for sales from weak hands who were afraid of a decline.
My coins usually did not sell because traders often placed sell orders above my order so their orders would be executed first (due to panic).
After my bid was filled, and I successfully obtained the supply, I would cancel the sell order.
Over time, I eventually realized that it was not a good way to make money..
I realized that being so good (expert) at bad things is not good.
Since then, I have never done it again.
#BinanceAlphaAlert
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