WCP: "Whale Games"- Cryptocurrency Manipulation and How to Win and Not Lose

 “How the Big Boys Play Whale Games”)

A market of an attractive asset that is undervalued/oversold is what the “big boys” are looking to buy into.  So, the Big Boys will push an asset down through their influence and accumulate the asset until there are “very few sellers”.  This means that “the bottom is in”.  Then they spark an “upswing”[1] by selling some of the asset so as to trigger market sentiment in the other direction [like throwing in shark bait, called “chum”, to attract the sharks].  These large initial sales [buying] begin to push the price of the asset back up.  And since the tendency of [retail] buyers is to “Chase the market”, when they see the price of the asset going back up, FOMO [Fear Of Missing Out] takes over and they come running back into the market to “buy” and therein lies the “big boys” profit. Because, they can now sell the asset that they accumulated during the DIP  to make a profit from the “new retail” buyers coming in with "NEW MONEY" pushing the price of the asset up.  Then the Big Boys start the process all over again – through FUD and Large Block sales of the asset to cause the “retail buyers/weak hands” to sell their asset. This creates A market of an attractive asset that is undervalued/oversold. Yes, it’s like shearing sheep or milking cows.

[1] For details see about 15mins  https://www.youtube.com/watch?v=n0e-uYnZbRA