How to protect your cryptocurrency from whale ‘rinse and repeat’ trades

Lessons we can learn from the legend of Napoleon Bonapart’s defeat at Waterloo and Nathan Mayer Rothschild’s reaction

Napoleon Bonapart on the left and Nathan Mayer Rothschild on the right. Guess which one was the banker.

As a general rule of thumb, the top 500 holders of a cryptocurrency are considered ‘Whales’.

• The history of ‘rinse and repeat’
• How to protect your cryptocurrency from rinse and repeat trades in today’s cryptocurrency markets

Why do cryptocurrency investors fear Whales?

I love history and I love great stories. If you want to better understand a problem, history can be a great guide. If we want to better understand the problems created by the power of Whales moving their assets into and out of cryptocurrency markets, I think it’s a good idea to go back to a well-known example from history that can help to illustrate the problem.

Nathan Mayer Rothschild…