Weak Hands and Wrapping
Beginner
Glossary
Nov 17, 2023
2 min read
Introduction
In the ever-evolving world of cryptocurrency, terms like "weak hands" and "wrapping" are crucial for both beginners and seasoned traders. This comprehensive guide delves deep into these concepts, offering insights and real-life examples, all while keeping an SEO-optimized structure for easy navigation and understanding.
What Are "Weak Hands" in Cryptocurrency?
"Weak hands" refer to investors who quickly sell off their crypto assets at the first sign of market volatility. This phenomenon is often observed during bear markets and bear traps. Understanding the psychology behind weak hands is key to mastering market dynamics.