{"id":30095,"date":"2023-02-20T22:26:39","date_gmt":"2023-02-20T22:26:39","guid":{"rendered":"https:\/\/thebluemanakin.com\/faq-crypto\/animals-in-the-crypto-world\/"},"modified":"2023-02-27T16:18:54","modified_gmt":"2023-02-27T16:18:54","slug":"animals-in-the-crypto-world","status":"publish","type":"page","link":"https:\/\/thebluemanakin.com\/en\/faq-crypto\/animals-in-the-crypto-world\/","title":{"rendered":"Animals in the Crypto world"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"30095\" class=\"elementor elementor-30095 elementor-29643\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-11e40a28 elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no\" data-id=\"11e40a28\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-29b11431\" data-id=\"29b11431\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-50fc00be elementor-widget elementor-widget-heading\" data-id=\"50fc00be\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Animals in the Crypto world<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-efa454e elementor-widget elementor-widget-text-editor\" data-id=\"efa454e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In the crypto community, you can be categorized as a type of animal depending on the amount you have of a<a href=\"https:\/\/thebluemanakin.com\/en\/crypto-marketing-en\/\" target=\"_blank\" rel=\"noopener\">\u00a0cryptocurrency<\/a>\u00a0in your wallet. Being the whale for those who have the largest amounts, or on the contrary a small shrimp if you have less than 0.5. But in between, there are more animals.<\/p>\n<p>Each one is used to mark trends or movements in the prices of Bitcoins and altcoins.<\/p>\n<p>Below go some of the most common ones:<\/p>\n<ul>\n<li><strong>Whales:<\/strong><\/li>\n<\/ul>\n<p>These are the wallets with the largest number of cryptocurrencies, these users can move significant sums of money in cryptos and cause variations in the market.<\/p>\n<p>They are known as Whales because of the representation that we are all investors in a big ocean, where there are fish (all those who have cryptos) and whales (big investors). Usually, these have a minimum of 1000 BTC.<\/p>\n<ul>\n<li><strong>Bears:<\/strong><\/li>\n<\/ul>\n<p>We will associate this animal with the bear market, which usually hibernates when it is cold and food is scarce.<\/p>\n<p>In cryptocurrencies, this winter is when prices are low, an example is a current market in which we had a big fall.<\/p>\n<p>Normally we associate the price drop of an asset with the action of bears on the market, which many times act influenced by external events.<\/p>\n<ul>\n<li><strong>Bulls:<\/strong><\/li>\n<\/ul>\n<p>When the fear of investing in the cryptocurrency market subsides and people start investing again, that\u2019s when the bulls arrive.<\/p>\n<p>Since the Bull figure is associated with the bull market because of the upward angle its body has with its head raised above its neck.<\/p>\n<p>Bulls can tangibly encourage the prices of any asset.<\/p>\n<p>In the crypto world, we are all an animal but it is up to each person to choose which of these we want to be based on our investor profile or the opportunities we can take. But the important thing is that we all start as shrimp so there is no need to be afraid to take that first big step into this world.<\/p>\n<p>At The Blue Manakin, we want to help you on your journey in the world of cryptocurrencies and NFTs so don\u2019t forget to check out our blog\u00a0<a href=\"https:\/\/thebluemanakin.com\/en\/faq-crypto\/\" target=\"_blank\" rel=\"noopener\">posts<\/a>\u00a0where we talk about different topics about this world and the latest trends.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Animals in the Crypto world In the crypto community, you can be categorized as a type of animal depending on the amount you have of a\u00a0cryptocurrency\u00a0in your wallet. Being the whale for those who have the largest amounts, or on the contrary a small shrimp if you have less than 0.5. But in between, there are more animals. Each one is used to mark trends or movements in the prices of Bitcoins and altcoins. Below go some of the most common ones: Whales: These are the wallets with the largest number of cryptocurrencies, these users can move significant sums of money in cryptos and cause variations in the market. They are known as Whales because of the representation that we are all investors in a big ocean, where there are fish (all those who have cryptos) and whales (big investors). Usually, these have a minimum of 1000 BTC. Bears: We will associate this animal with the bear market, which usually hibernates when it is cold and food is scarce. In cryptocurrencies, this winter is when prices are low, an example is a current market in which we had a big fall. Normally we associate the price drop of an asset with the action of bears on the market, which many times act influenced by external events. Bulls: When the fear of investing in the cryptocurrency market subsides and people start investing again, that\u2019s when the bulls arrive. Since the Bull figure is associated with the bull market because of the upward angle its body has with its head raised above its neck. Bulls can tangibly encourage the prices of any asset. In the crypto world, we are all an animal but it is up to each person to choose which of these we want to be based on our investor profile or the opportunities we can take. But the important thing is that we all start as shrimp so there is no need to be afraid to take that first big step into this world. At The Blue Manakin, we want to help you on your journey in the world of cryptocurrencies and NFTs so don\u2019t forget to check out our blog\u00a0posts\u00a0where we talk about different topics about this world and the latest trends.<\/p>\n","protected":false},"author":6,"featured_media":0,"parent":12172,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"content-type":"","telegram_tosend":false,"telegram_tosend_message":"","telegram_tosend_target":0,"ep_exclude_from_search":false,"footnotes":""},"class_list":["post-30095","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Animals in the Crypto world FAQ | Blue Manakin<\/title>\n<meta name=\"description\" content=\"The whale for those who have the largest amounts, or on the contrary a small shrimp if you have less than 0.5. But in between there are more animals.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thebluemanakin.com\/en\/faq-crypto\/animals-in-the-crypto-world\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Animals in the Crypto world FAQ | Blue Manakin\" \/>\n<meta property=\"og:description\" content=\"The whale for those who have the largest amounts, or on the contrary a small shrimp if you have less than 0.5. 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