✳️ Storj Stop-Loss Hunt Event Explained! (Whales Manipulation)

We have the classic "stop-loss hunt" event which leads to a bullish wave.

The stop-loss hunt or liquidity hunt is a market manipulation move by exchanges and whales intended to steal money from retail traders by activating their stop-losses, as soon as the stop-losses are activated and people lose their money, the exchanges and whales buy everything back at a lower price and push prices higher.

Those people that had an automatic stop-order will have to buy again at a higher price, thus losing money.

The only way to protect yourself is by either buying "late", waiting long-term or using a strong manual stop-loss.

Or, if we want to put the exchanges in a positive light, the market does not have "enough strength" to move forward and thus they still have to remove people from their hands so they can collect tons of millions on the way up.

Ok... After the stop-loss hunt a bullish wave follows.

Namaste.