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

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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’.

Why do cryptocurrency investors fear Whales?

Nathan Mayer Rothschild, Napoleon Bonapart and the legend of Waterloo

‘Rothschild knows … Rothschild knows!’

Rince and repeat

How to protect your crypto from ‘rinse and repeat’

As the market matures, this problem will solve itself

In the meantime, how can you protect yourself?

Edward Iftody is a Communication Coach, author of Surviving Work, a veteran of the Canadian fin-tech industry and a blockchain enthusiast.

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