Are retail traders really this powerful, and are you one of those who bought the dip?
. . . retail traders whose addresses have been holding the flagship cryptocurrency for less than 30 days have started adding new funds to their wallets since May 8. . .
. . . BTC has been able to remain above the $28,000 mark, partly thanks to retail traders buying the dip.
Posted Using LeoFinance Beta
I don't think they are that powerful and it's more likely to be whales manipulating the price
Posted Using LeoFinance Beta
But when it comes to press releases, they make retail traders appear more powerful than they really are.
I don't trust the mainstream media that much and I think they consider the whales as retail traders if they aren't a hedge fund.
Posted Using LeoFinance Beta
Yes, even in traditional finance, they cannot be trusted. I suspect they make big news when someone big wants to get out and bad news when the big guys wanted to buy. That's just my observation in the Philippine stock market after eight years of trading. I wonder if such a tactic is carried through into the crypto space.