Impact of Trickle Down Effect in the Crypto World

[Suba]

Trickle down effect is a concept where the actions of the rich, whales or large institutions will have a positive/negative effect on the lower class/retail. In the crypto world, the trickle down effect also greatly affects market prices which often create profit/loss for retailers. Like buying/selling large amounts of crypto by whales will certainly have an impact on crypto prices. Although in practice the trickle down effect is often detrimental to retail investors/traders such as when tweeted by famous people. So for that retail investors are not easily influenced by fomo and fud. What do you think?

 

[Xtynehappy]

I think that those unfair practices really harm the smaller businessmen. This seems to be unfair practices affecting the business in general

 

[King Belieal]

In every market, there are always movers that influence the market to decide the direction the market would go.

 

[Webster]

Trickle down effect is a concept where the actions of the rich, whales or large institutions will have a positive/negative effect on the lower class/retail. In the crypto world, the trickle down effect also greatly affects market prices which often create profit/loss for retailers. Like buying/selling large amounts of crypto by whales will certainly have an impact on crypto prices. Although in practice the trickle down effect is often detrimental to retail investors/traders such as when tweeted by famous people. So for that retail investors are not easily influenced by fomo and fud. What do you think?

It doesn't work in economics and its' likely not to work in crypto.

Yes, the crypto whales do exert an outsized influence on crypto prices but so do other things in economics/politics.

 

[Xtynehappy]

For me l had not been believing in that until l went down deeper into the cryptocurrency. It's very pitifully for sure.