Have you noticed that most times when the whales and most traders are saying everyone should buy , then you quickly rush into the market and start buying , only to later see that the market price went down ?? Or another scenario whereby the whales and most traders are saying everyone should sell and you place the sell order , only to later see the price of that particular coin rising instead of falling??
It is simple psychology , for a supply to exist , there must be a demand , for a demand to exist , a supply must be in existence.
If everyone is buying , who will sell ?? If everyone is selling , who will buy ?? Think deeply about it...
That is why I tend to always do the opposite of whatever the whales are saying people should do , if the whales are saying buy buy buy , then I begin to suspect they are trying to click the sell button and so they want demands from others in order to ensure all their sell orders are fulfilled...Same way if whales are saying sell sell sell , I begin to suspect that they are trying to buy into the market , so they need the supply from others so that they can have their buy orders fulfilled..
So I always do opposite of what most people expect or thinks about the market direction..And so far so good , it works most of the time for me...
