Follow us on 
or join ours 
A whale, a shark or just a "fat man". This is how the slang of investors describes someone who has very big capital - dollars, bitcoins or other cryptocurrencies. By implication, the whale is the biggest investor. Often this term applies to investment funds, banks and other such large ones corporations. The shark is usually called a rich individual investor. The term fat can refer to both types of cryptocurrency investors. All these terms are very conventional and slang. They operate both on the cryptocurrency market as well as on the traditional stock exchange.
The whale is one of the slogans of our dictionary, which is part of it free training - Cryptocurrencies - how to start and survive? A course for everyone!
The impact of whales on the price of bitcoin
With a relatively small capital, a fraction of bitcoins or even a few bitcoins (with a daily turnover of several thousand bitcoins) or capital in the amount of even tens of thousands of dollars, with a daily turnover of one billion dollars, our buy and sell orders will not significantly affect the price. The price is the result of thousands of such small transactions.
What if someone has several hundred million dollars or several thousand bitcoins and wants to sell them or buy something for them? Contrary to appearances, The whale does not have an easy life on the stock market.
Whale, with large resources, can change the price with his move. Wanting to sell a large number of bitcoins in a short time, he must find buy orders for that number of bitcoins. Most often, he needs hundreds of investors who want to buy his bitcoins at a given price. Exposing a large sales order, the so-called sell wall, dammed wall, can block the price increase for a certain time. On the other hand, to buy a lot of bitcoins, it is also difficult for him to do so without clearly raising the price.
A whale with its large capital can deny what results from technical analysis chart. His whim might help her support her price when he sold a large number of cryptocurrencies. It can also make the downward trend turn into an upward trend when it will buy a large number of a given cryptocurrency.
Whales to a large extent, with their choices, they decide about the directionin which the market is heading. It's easy to use them FUD, cause fear to investors individual to buy from them cheaper given value, or induce FOMOby pumping the price a lot, then yourself by selling your cryptocurrency on the hill, people (so-called ducks) who after big increases see only further increases and how much they earn from it.
And you can become a shark or a whale!
There are many cryptocurrencies about low capitalization market and very much low liquidity. The daily trading volume is just a few hundred dollars. If you want to find out what it's like to be a whale manipulating the market and playing the price is not an easy task, you can buy a niche cryptocurrency using the pending sales orders. By investing only a few hundred dollars, you will probably significantly increase the price, maybe even by 100%. Just remember, you can lose on it!
See more materials free training - Cryptocurrencies - how to start and survive? A course for everyone!
