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You don't need to be smart to be a whale.

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by COINS NEWS 187 Views

If there is a post about "A Bitcoin whale just bought XXX of Bitcoin." You always find comments like: "This is a buy signal" or "The market surely is Bull if a whale buys".

No it's absolutely not.

The only difference between you and a whale is the possible amount to invest. A whale could invest 1% into crypto and own 50 BTC while you invest 10% of your savings and own 0.001 BTC. Just because he owns much, doesn't mean he knows much.

I don't wanna say that every whale is dumb but these guys go in with way bigger investments. Therefore a whale can make 10% profit and you make 15% yet he'd be the "big brain".

submitted by /u/Klaasiker
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