I only buy coins when I've read what their purpose is and I agree it will be good. There are too many junk coins. The only exception to that for me is reddcoin, which is a junk coin, imo. However, I traded it at 9-10 sat over and over again, because it was easy to get 11% gains regularly...just wish I would have held my tens of thousands of coins until it hit 80 just recently. My $200 ish in there would have turned to $1600... Anyway, who cares if there are whales doing what you explained. If that's the case, it makes it a very predictable market and you should be able to follow what they do...if you're getting huge losses, I don't think you're paying attention or waiting long enough to cash out at the top. Or, perhaps you have to hit the lottery with every coin...I enjoy 5-10% ROI's and am satisfied. I don't need 1000% return on my money every month (though I wouldn't hate it if I did). Too many people put down people with money as if it was a bad thing. It's not. If it was, donate all your money to me so you can be "good."