Crypto Whales: How Do They Really Affect Market Prices?

Cryptocurrency has been a hot topic for CNBC and other major news networks for quite some time now. In fact, the word “Bitcoin” was the top Google search in 2017. Given the media’s significant coverage of crypto, you may assume that crypto whales are powerful enough to affect market prices or even manipulate them altogether. Or you may think they are too few and far between to cause much of an impact. In this blog post, we will look at the facts behind crypto whales, detailing how many there are, how much they have, and how much influence they really have on prices.

Crypto whales are investors who hold large enough amounts of cryptocurrency to move the market. Whether they’re shorting BTC to buy more alts, buying directly into ICOs, or spreading FUD to manipulate prices, the way these whales interact with the markets is unique and interesting.

The term ‘whale’ is used to describe an entity that owns a large amount of cryptocurrency. These entities – which include investors, exchanges, miners and founders – have the potential to affect market prices through their actions. In this paper, we investigate the impact that crypto whales can have on the market and how they can manipulate prices. We define a whale as an entity that owns more than 1% of all existing cryptocurrency in circulation.

The cryptocurrency market has seen significant volatility in the past year, and there is no doubt that whales play a role in the price action. But how do they affect the price? Two Harvard researchers recently published a new working paper that analyzes the various factors that can affect crypto prices. The study defines “whales” as those with $1 million or more invested in crypto assets. They found that whales can increase prices by about 1.4% during times of downward volatility and decrease prices.

The Crypto Currency Market Is on Fire

The crypto currency market is on fire. With the emergence of blockchain technology, innovative startups have seen the creation of several new electronic currencies that are revolutionizing how we transfer assets. Unlike conventional money, you can actually own a part of the cryptocurrency. Fast-growing cryptocurrencies include Bitcoin and Ethereum. Although still in its infancy, experts believe such currencies could change the way we manage our finances forever

Cryptocurrency is hot, and the market has never been hotter than it is right now. The market cap for all cryptocurrencies combined recently crossed $200 billion, and the market has never been more bullish. Most investors are asking themselves what kind of returns they can expect to see this year, and if the current state of affairs is sustainable. Some experts believe that we will see a reversal in the coming months, while others have predicted that the current trend will continue indefinitely.

Since its inception in 2009, the market has grown to over 500 billion dollars. The meteoric rise of the average value of bitcoin is a good indicator of just how popular it has become. In fact, experts have predicted that the value of the crypto currency will double by the end of this year. As more and more people begin to purchase and use these digital currencies, it’s important for consumers to understand their risks and rewards.

The next time you’re hodl’ing especially strong and the crypto-sphere seems like it is in a lull, check these resources out. They are a few things that we personally use to keep up on crypto news, no matter how fast-moving the digital currency space can be.

Top 3 Methods to Manage Stress in Crypto Market:

Cryptocurrency trading essentially is a 24/7, 365 days a year of non-stop hustling. There is limited or zero time to take a deep breath of fresh air, knowing the market never sleeps. So it’s quite normal to experience a little bit of burnout in this line of work which can lead to depression and fatigue. That’s why I’ve gathered 3 simple yet effective methods to manage stress in the crypto world and live a healthy lifestyle while making money at the same time. Check out crypto blog

Stress management is not just a simple matter of applying some techniques or trying to avoid stressful situations. You have to fine-tune the strategies and activities for stress management. In this cryptocurrency market, we have seen that there have been exchanges getting hacked, companies working on projects cease to exist and overall market volatility. We need to find our own ways to deal with stress so that it doesn’t get the better of us and make these things worse.

The crypto market is a highly volatile market, where traders tend to experience intense stress. The most common way of dealing with the stress of this market is to ignore it. However, ignoring stress will not help you manage your emotions. In fact, ignoring stress may intensify the negative emotions and make you more prone to making irrational decisions.

1. Take a break. Sometimes, you can get so caught up in trying to analyze why the market is doing what it’s doing, that you forget to just step back and relax. The cryptocurrency market moves very fast and is extremely volatile; therefore, it can be very stressful. Taking time out from analyzing specific coins or markets will allow your mind to rest so that you can focus on other things for a little while.

2. Exercise. The most important thing to do when you’re feeling stressed out is to take care of yourself physically. Exercise has been proven over and over again to reduce stress levels and anxiety in people all around the world! Even just taking a walk outside can go a long way towards helping you manage your stress levels during times of significant volatility.

3. Spend time with friends and family. It’s always good to talk things over with someone close to you who can listen without offering advice.

Michael Caine

Michael Caine is the Owner of Amir Articles and also the founder of ANO Digital (Most Powerful Online Content Creator Company), from the USA, studied MBA in 2012, love to play games and write content in different categories.