Nothing we can avoid, even that whale just dump all of his bitcoin, we can only do 2 things, just keep Hodl or buying the dip when he dumped his bitcoins. No need reason to sell as well when he dumped.
You are right, some of our people does not comprehend the investment of Bitcoin during the bearish market and bullish season, in actual sense for people who have known the genesis of cryptocurrency investment, they do not invest in shitcoins during the period of bullish market,
i believe that keeping your coin when the market is on bullish is the best method of investment, some people do panic and sell out their Bitcoin when market is going more dip, the only way we can make profit via cryptocurrency investment is through long hold of Bitcoin and buying addition of Bitcoin for investment.
The line that I bolded above made me confused.
Because usually when I see that my profit was there when there's a bull trend market, I cut it off so that I already have my profit and the rest just keep it again for an investment for a long period of time.
As you've said, whales moving a lot of bitcoin are no longer uncommon. Whether it's from Mt.Gox or any exchange, there will always be transfers that will happen.
Having that much bitcoins that should be refunded to the affected users of it is hard to be dumped at all once and whoever who has it now, knows that fact.
AFAIK, there's a going investigation about the Mt.Gox scam and I think if this is not a whale, it's a scammer trying to move away his Bitcoin holding.
The big question here is no one will really know, once that address owner will use the mixing service, it will surely disappear and no one can trace where that transaction is.
Another reason why the market can't quickly recover.
