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Topic: Altcoin whales (Read 521 times)

hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
May 13, 2022, 11:59:13 PM
#85
Wow, this is very complete information. I have never read the 10 names of the great whales you mentioned. This is new knowledge for me personally, thank you for this very useful information.
There are many rich people in this world who are still unknown and known to many people so that sometimes it can be a surprise when they start being discovered suddenly, I think this can also be a motivation for others to continue working and become rich like them.
hero member
Activity: 1008
Merit: 520
Leading Crypto Sports Betting & Casino Platform
May 13, 2022, 11:32:16 PM
#84
isn’t it kinda obvious that they are the ones that usually have the control over certain market either shitcoin and ordinary altcoins project it’s all the same.
basically control over market could be achieved by using big capital for influencing the overall market movement and also having huge influence inside the project
these kind of people are the ones that I could consider someone that deserve being branded as a whale.
not just some random trader that has relatively big capital but the ones that have absolute reigns over the market and could control the market by literally making some shill.

That true the whales are the ones that control the behavior and direction the market goes and we can see that in the action of some stable coin this week we're Luna went down to 95%/crashed before the whale pumped it for some minutes and then dump it again the grip of whales and their abuse of the market for profits taking have become the major set back for the cryptocurrency market and this have also denied the free flow of market generally with lots of manipulation
legendary
Activity: 3752
Merit: 1864
May 09, 2022, 10:46:44 AM
#83
I hope you are familiar with these rich people as known whales in crypto.

1. Brian Armstrong: Net Worth £4.78 Billion
2. Sam Bankman-Fried: Net Worth £3.31 Billion
3. Chris Larsen: Net Worth £2.13 Billion
4. Michael Saylor: Net Worth £1.47 Billion
5. Changpeng Zhao: Net Worth £1.4 Billion
6. The Winklevoss Twins: Net Worth £1.18 Billion (Each)
7. Barry Silbert: Net Worth £1.1 Billion
8. Jed McCaleb: Net Worth £1.03 Billion
9. Tim Draper: Net Worth £810 Million
10. Matthew Roszak: Net Worth £740 Million

source: https://www.iexpats.com/top-10-crypto-whales/

Many aren't mentioned yet including companies investing assets in crypto like Tesla Company. Imagine their net worth crypto assets is really huge money and could absolutely affect the market once they move their money or they sell it.

They won't risk this amount if they are not sure about the future of cryptocurrency. And this seems it helps us to live confidently while investing in crypto.


You can be happy for them, of course. On the other hand, the question is - are they not hostages of their own crypto volumes? This is a question that, on the one hand, as long as they do not touch their crypto assets, they are worth billions, but if they need fiat currency, how will the market and the value of tokens react to a major drain? Or what are the possibilities of the shadow market to carry out such a transaction at the current rate - will there be a strong drawdown when converting crypto-fiat?
sr. member
Activity: 1162
Merit: 260
May 09, 2022, 09:06:21 AM
#82
isn’t it kinda obvious that they are the ones that usually have the control over certain market either shitcoin and ordinary altcoins project it’s all the same.
basically control over market could be achieved by using big capital for influencing the overall market movement and also having huge influence inside the project
these kind of people are the ones that I could consider someone that deserve being branded as a whales.
not just some random trader that has relatively big capital but the ones that has absolute reigns over the market and could control the market by literally making some shill.
full member
Activity: 1176
Merit: 100
Next Generation Web3 Casino
May 09, 2022, 07:59:24 AM
#81
I hope you are familiar with these rich people as known whales in crypto.

1. Brian Armstrong: Net Worth £4.78 Billion
2. Sam Bankman-Fried: Net Worth £3.31 Billion
3. Chris Larsen: Net Worth £2.13 Billion
4. Michael Saylor: Net Worth £1.47 Billion
5. Changpeng Zhao: Net Worth £1.4 Billion
6. The Winklevoss Twins: Net Worth £1.18 Billion (Each)
7. Barry Silbert: Net Worth £1.1 Billion
8. Jed McCaleb: Net Worth £1.03 Billion
9. Tim Draper: Net Worth £810 Million
10. Matthew Roszak: Net Worth £740 Million

source: https://www.iexpats.com/top-10-crypto-whales/

Many aren't mentioned yet including companies investing assets in crypto like Tesla Company. Imagine their net worth crypto assets is really huge money and could absolutely affect the market once they move their money or they sell it.

They won't risk this amount if they are not sure about the future of cryptocurrency. And this seems it helps us to live confidently while investing in crypto.
Wow, this is very complete information. I have never read the 10 names of the great whales you mentioned. This is new knowledge for me personally, thank you for this very useful information.
sr. member
Activity: 2268
Merit: 275
May 09, 2022, 07:42:17 AM
#80
A whale is a person with a lot of money who can pump a project, and this work now is used to hype people by saying that whales are coming in soon
You are not far from the fact whales are those who hold a high percentage share of a token and that can make drastic changes in the token market condition but it is more important to. know that most whales are not interested in the day-to-day trading of tokens but are steel hands holders of such tokens and are willing to hold them for a long-term basis. Whichever way we put a whale is just a whale but their attitudes differ.
But that's the reality I see, especially on obvious projects. It's just that the problem is that some people take advantage of it so that let's say small investors come in to invest. The real problem is that they enter without doing in-depth research and analysis so that they fall into something that is detrimental to them. There's nothing wrong with the pope's words how we respond to them.
full member
Activity: 649
Merit: 100
Binance #SWGT and CERTIK Audited
May 09, 2022, 07:37:51 AM
#79
They will not be easily detected, here we are transacting with a wallet code without the identity of the sender or recipient. But I'm sure, all these people are not just one person or more believe that they are all of us who invest in altcoins. Although only a few people invest with great value, but small value with many people will be a lot too. But, if that's what they say the pope is, it's pointing to a big investor with big influence in every action.
jr. member
Activity: 840
Merit: 6
May 09, 2022, 07:33:52 AM
#78
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
The issue is that the whales often control the exchanges themselves, can see your trades and bet against you, and trade 100x on their exchange the real amount of deposits. Until these exchanges are regulated, prices will be in limbo. The best thing you can do to avoid this is to farm stablecoins or to buy and stake a crypto with high staking rewards, like the internet computer, and wait for real world utility/adoption to kick in.
full member
Activity: 1204
Merit: 102
May 09, 2022, 03:35:45 AM
#77
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.

Changpeng Zhao also known as CZ, is the pope behind all altcoins. CZ with the exchange he owns (binance) plays an important role in controlling the altcoin situation. Just imagine that every altcoin listed on Binance will experience a pump and the delisted altcoin will fall in price. binance has a huge impact on the altcoin market today. that's why he is the important person behind altcoins
legendary
Activity: 3108
Merit: 1029
May 09, 2022, 03:29:21 AM
#76
Vitalik and CZ both develop a crypto project for the masses, their cases are different from whales that are 100% investors, they contribute and develop something but what about whales that buy a huge amounts of tokens only?.
Vitalik and CZ were not the whales who are always trying to create dump and pump market. Those guys are different than those whales who only care about how they can make money as much as they can. i think that vitalik and cz were different example about that.
The whales have nothing to do with the big names like vitalik and cz, whales may invested in the project managed by those guys but whales have no relationship with them
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
May 09, 2022, 03:20:37 AM
#75
We should know how to stop following influencers nowadays and learn to make decision based on our own understanding and improve ourselves to analyze the market more. Know that influencers are sometime paid and some celebrities are doing it for their own benefits.
You and I know that influencers are mostly paid and they are doing this as their job. But newbies don't get that and they aspire for the celeb life when they are actually poor. This leads to a lot of newbies going to them for advice and asking to get manipulated.

I can understand that newbies need guidance and because everything is free and unregulated in the internet they come across such sources. The best way to prevent such mishaps is to learn reading charts yourself first before reading tweets and all.

Or you can just go against the normal - just sell when they buy and you can see the profit coming in.
hero member
Activity: 1008
Merit: 520
Leading Crypto Sports Betting & Casino Platform
April 26, 2022, 03:16:40 PM
#74
A whale is a person with a lot of money who can pump a project, and this work now is used to hype people by saying that whales are coming in soon
You are not far from the fact whales are those who hold a high percentage share of a token and that can make drastic changes in the token market condition but it is more important to. know that most whales are not interested in the day-to-day trading of tokens but are steel hands holders of such tokens and are willing to hold them for a long-term basis. Whichever way we put a whale is just a whale but their attitudes differ.
staff
Activity: 2436
Merit: 2347
April 25, 2022, 05:54:50 AM
#73
Unless we are experienced and have good analytical skills, we can try to make a profit by investing in new projects.

This also requires experience and analytical skills. There are a huge number of new projects coming out, especially in periods of hype. Are you suggesting that you invest in everything just because it is a new project? New projects are even more dangerous than what famous people advertise. Because celebrities advertise already promoted projects which have a capitalization, and new projects often have nothing besides a smart contract address and a website.

It does not take much money to invest in new projects, for example. Because even an investment of $300 can easily turn into $30,000 in a few months, but to find such a project, you will need to study a lot and identify exactly the worthwhile product.

I once read a strategy of beginner, he was planning to find new projects and invest $100 for each, hoping that some project will exactly catch a haip and bring him x1000, covering remaining losses. In the end he didn't find any such project and invested his money in a pile of garbage.
hero member
Activity: 2576
Merit: 579
April 24, 2022, 10:07:41 PM
#72
I don't believe whales are present at every point of the market stage and don't ever make the mistake. of thinking whales are not active in altcoin whales are more active in altcoin than any other market since their can have total control in a coin base and this large share gives them. some level of power to control general feelings. of the market.
Basically, whales also don't tell anyone when they want to attend a place or product, so this is a very difficult thing to explain because they never give anyone any information about it.
So it's better to stick with good coins and altcoins that are becoming popular in the market because it's much better than seeing where the whales come and go.
newbie
Activity: 36
Merit: 0
April 24, 2022, 08:28:36 PM
#71
Whale is a person with a lot of money who can pump a project, and this work now is used to hype people by saying that whales are coming in soon
sr. member
Activity: 1638
Merit: 255
April 24, 2022, 06:57:21 PM
#70
Following influencers is also a good way to keep an eye on market movements, Influencers or whales will often be the pioneers in shaping new trends for the market, so following them is the fastest way to stay informed. But we should not put our trust and money in their words or tweets. Always cultivate knowledge and DYOR before investing, the only way to survive in the market is to swim with the sharks but decide for yourself not to listen to anyone.
Sometimes they always follow influencers wrongly due to fomo or they are just too much on the influencers they follow, for me it's only limited to looking at trends that are happening in the market and other influencers are always trying to make good or bad opinions, we can only conclude here Which investment is a good one in our opinion, not the influencer that we see, and always invest in research so that what we do is really true for us to do it.

It is true that we must believe in the results of our own research and analysis and not be influenced by what influencers say. Because most
influencers just want to manipulate, so that he can make a profit. Therefore, it is very risky when we invest in new projects that are recommended
by influencers, because we don't know the projects well. As I've said many times, never invest in something we don't know about. It only makes us
wrong in making decisions.

That's why I always recommend investing in popular coins, usually when the price drops we don't need to panic, and do not need to do a cut-loss.
Because popular coins usually can always be recovered, although the price has fallen quite deep. In contrast to new projects promoted by influencers,
if the project price falls and we buy at the peak price, we will be stuck in the coins for a long time. Unless we are experienced and have good
analytical skills, we can try to make a profit by investing in new projects.
sr. member
Activity: 2828
Merit: 344
win lambo...
April 24, 2022, 06:49:06 PM
#69
Following influencers is also a good way to keep an eye on market movements, Influencers or whales will often be the pioneers in shaping new trends for the market, so following them is the fastest way to stay informed. But we should not put our trust and money in their words or tweets. Always cultivate knowledge and DYOR before investing, the only way to survive in the market is to swim with the sharks but decide for yourself not to listen to anyone.
Sometimes they always follow influencers wrongly due to fomo or they are just too much on the influencers they follow, for me it's only limited to looking at trends that are happening in the market and other influencers are always trying to make good or bad opinions, we can only conclude here Which investment is a good one in our opinion, not the influencer that we see, and always invest in research so that what we do is really true for us to do it.
Influencers can obviously hype the market as many people believe them. That is why some developers will hire these people just the seek market exposure and gain attraction. It was different from how these whales take action in the market, they simply just buy huge amounts and sell for themselves, doing the cycle again until the price moves high.

https://decrypt.co/78416/who-are-bitcoin-whales-how-do-they-trade

If we can predict how these whales move, we could really make money but unfortunately, we didn't make it, the majority had lost.
hero member
Activity: 1008
Merit: 520
Leading Crypto Sports Betting & Casino Platform
April 24, 2022, 05:43:49 PM
#68
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
In fact, what I see is that big whales don't really contribute much to altcoins, because these kinds of coins have a more volatile level of risk, usually whales prefer to bet on coins that have fundamentals and utility, such as bitcoin, ethereum or BNB, so far only small whales who often play on altcoins, so it is very difficult to know which whale is involved in altcoins, but it could be that this whale is a representation of the bitcoin whale
I don't believe whales are present at every point of the market stage and don't ever make the mistake. of thinking whales are not active in altcoin whales are more active in altcoin than any other market since their can have total control in a coin base and this large share gives them. some level of power to control general feelings. of the market.
sr. member
Activity: 1428
Merit: 251
April 22, 2022, 04:14:37 PM
#67
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
Everyone can develop Altcoins through multiple blockchains. Ethereum, BSC, Polygon and others are alternative routes for Altcoins.
Maybe the whale for Ethereum is Vitalix, and BSC is C_Z. However, they don't support all the Altcoins that are developed, they don't even want to know about these Altcoins. However, there are many world billionaires who support each project that is developed. They have sufficient capital in developing new platforms and promoting them.
never knew and was involved in any altcoin project unless he was made an advisor on one project. altcoin have their own developtment team and only use smart contract that developted by vilatalik and cz. altcoin whales depend on investors that back up or be angle investor,usually they see great potency in future when decided buying in large amount.
member
Activity: 423
Merit: 11
April 22, 2022, 03:38:37 PM
#66
A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
Everyone can develop Altcoins through multiple blockchains. Ethereum, BSC, Polygon and others are alternative routes for Altcoins.
Maybe the whale for Ethereum is Vitalix, and BSC is C_Z. However, they don't support all the Altcoins that are developed, they don't even want to know about these Altcoins. However, there are many world billionaires who support each project that is developed. They have sufficient capital in developing new platforms and promoting them.
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