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Topic: Altcoin whales - page 2. (Read 486 times)

hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
April 22, 2022, 01:00:18 PM
#65
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.
legendary
Activity: 2072
Merit: 1023
casinosblockchain.io
April 22, 2022, 12:44:46 PM
#64
Nonetheless following a millionaire can cost you money if you don't know how to manage your emotions. These people know how to manipulate the crowd of followers. Don't be on of those.

In case you ever feel lost, focus on charts more than what people are saying. Buy low and sell high. Don't wait for better prices unless you are doing bitcoin. Several people are being drawn away from profits because they madly follow such celebs only feeding their own ambitions but losing their money.
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. I learn to focus on coins that I somewhat study, I do read tweets and join in some telegram groups but only to read which coins now are trending, it will be better to know whether it already get popularity or will just start to have then study it. Whales will always be there ao we just need to focus on ourselves how we can still gain profit despite the volatility.

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.
hero member
Activity: 2170
Merit: 530
April 22, 2022, 11:16:58 AM
#63

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. I learn to focus on coins that I somewhat study, I do read tweets and join in some telegram groups but only to read which coins now are trending, it will be better to know whether it already get popularity or will just start to have then study it. Whales will always be there ao we just need to focus on ourselves how we can still gain profit despite the volatility.

You're absolutely right mate sometimes or most of the times influencers are making video contents on that specific altcoins because they are paid to do that and that's one of the marketing strategy of a new project. We must learn to conduct our own research about the new project and learn to assess and differentiate different projects so we may find the perfect one that would be worth it for our investment. I don't have much idea who's the altcoin whales but one thing for sure the founder of top altcoins like ethereum and bnb are whales too.
member
Activity: 588
Merit: 11
Futiracoin.com
April 22, 2022, 11:02:18 AM
#62
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
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
April 22, 2022, 10:43:01 AM
#61
Exactly the highest holder take it all as most of the whales control the direction of the market since there are big bag holders of the coins, I always take Elon Musk for example if he decides to sell off his dog coin the market will feel the impact of that movement.
Dog coin LMAO, at least give it the credit of its proper name of Doge coin.

Nonetheless following a millionaire can cost you money if you don't know how to manage your emotions. These people know how to manipulate the crowd of followers. Don't be one of those.

In case you ever feel lost, focus on charts more than what people are saying. Buy low and sell high. Don't wait for better prices unless you are doing bitcoin. Several people are being drawn away from profits because they madly follow such celebs only feeding their own ambitions but losing their money.
hero member
Activity: 1008
Merit: 520
Leading Crypto Sports Betting & Casino Platform
April 14, 2022, 04:18:56 PM
#60
We cannot deny that Whales control the market and dictate the rules that shape the future and with that we can understand that the developers of the main projects are Whales. Roger, Vitalik, and CZ are examples of Whales who use their social networks to express their opinions and contemplate a future for the crypto world. However, there is a group of Whales that control "bottom" altcoins that will possibly see some increase someday.


There are several types and sizes of Whale in the crypto world.
And even the smaller project teams are whales I can say that in the general sense whoever have a tradeable coin/token on the exchange is a whale but there is category to that which can be easily seen from the way their coin market react.
sr. member
Activity: 1020
Merit: 391
April 14, 2022, 03:29:54 PM
#59
We cannot deny that Whales control the market and dictate the rules that shape the future and with that we can understand that the developers of the main projects are Whales. Roger, Vitalik and CZ are examples of Whales who use their social networks to express their opinions and contemplate a future for the crypto world. However, there is a group of Whales that control "bottom" altcoins that will possibly see some increase someday.


There are several types and sizes of Whale in the crypto world.
hero member
Activity: 2898
Merit: 529
Leading Crypto Sports Betting & Casino Platform
April 14, 2022, 11:38:18 AM
#58
Whales are not always related to the big names. Some people may mention the name like vitalik but this guy is rarely involving to invest in the new project. this guy is actively donating his money to the various institutions just like when he was sending his shiba donation.
The whales have various kinds. Mostly of whales are coming from the venture capitals who are behind the altcoin project. You must know that if a big project like stepn backed by so many venture capital.
This is the reality but in fact institutions are investing through venture capital.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 14, 2022, 11:34:39 AM
#57
so the question is who are the whales behind the altcoin market development.
Count Vitalik and CZ.

They're part of the whales club for the altcoins.

CZ for BNB and Vitalik for Ethereum.

Honestly, we don't know who actually are the others, and to give that idea, it's mostly the developers of the biggest projects in the altcoins market. You can count them in as whales since they've been holding a lot of their tokens. And the value of it is a lot which makes them considerably as a whale.

Early investors with the huge amounts of money to spare mostly rich investors in other markets made a shift to Cryptocurrency like Elon Musk, of course, they are not going to expose themselves and they will just play the market and continue to make money or they are early investors of a project with good potential, you can't be a whale if you're not a developer or you do not have money to invest.
Yes, that's correct. But at least we can feel to get big profits if we can find out what coins those rich investors bought and we have a good coin for example, the case of Dogecoin yesterday.

Many people bought Dogecoin because Elon tweeted, and it turns out that Dogecoin can indeed go up high, and many people don't expect it. We may never be the whale with a lot of money, but we can have money if we invest in the right coins. And we will never know who the big investors are because they will not expose themselves to the public.
legendary
Activity: 2100
Merit: 1340
April 14, 2022, 10:53:49 AM
#56

that's one way to keep market prices maintained. developer tokens won't be shared anytime soon. Most of them will lock in some time. (to convince investors)
whereas tokens for investors I guess are limited in their purchase. except for investors with large capital who buy in the market. even investors in private sales and prime sales sometimes distributions too periodically.
When a team owns most of the tokens (which is logical) and continues to increase their number by buying, this is always a good sign. Because in the end this will lead to an increase in the price of the token, perhaps not a long-term one, but it will be and it is very important not to miss this moment in order to profitably sell your tokens. Whales can see which alts are accumulating and speculate on this in the short term.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
April 14, 2022, 10:43:49 AM
#55
Most of the holding of each whale is part of the team that develops the altcoins, we always see teams have almost 30% of their tokens to distribute over the long term, so I don't think there is any investor holding altcoins higher than the project team.
that's one way to keep market prices maintained. developer tokens won't be shared anytime soon. Most of them will lock in some time. (to convince investors)
whereas tokens for investors I guess are limited in their purchase. except for investors with large capital who buy in the market. even investors in private sales and prime sales sometimes distributions too periodically.
sr. member
Activity: 2030
Merit: 269
April 14, 2022, 10:43:27 AM
#54
so the question is who are the whales behind the altcoin market development.
Count Vitalik and CZ.

They're part of the whales club for the altcoins.

CZ for BNB and Vitalik for Ethereum.

Honestly, we don't know who actually are the others, and to give that idea, it's mostly the developers of the biggest projects in the altcoins market. You can count them in as whales since they've been holding a lot of their tokens. And the value of it is a lot which makes them considerably as a whale.

Early investors with the huge amounts of money to spare mostly rich investors in other markets made a shift to Cryptocurrency like Elon Musk, of course, they are not going to expose themselves and they will just play the market and continue to make money or they are early investors of a project with good potential, you can't be a whale if you're not a developer or you do not have money to invest.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
April 14, 2022, 10:23:39 AM
#53
Most of the holding of each whale is part of the team that develops the altcoins, we always see teams have almost 30% of their tokens to distribute over the long term, so I don't think there is any investor holding altcoins higher than the project team.
Chances are, it could be true because the team must have kept about 30% for certain purposes even though it seemed to be for their own purposes because certain investors who had joined the project were also paid by the team and they also know how many units the investor received from them. so the rest must be with the team itself.
hero member
Activity: 1344
Merit: 738
April 14, 2022, 10:20:56 AM
#52
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.
It's hard to find out who is the real whale behind altcoins, just as we are looking for people who have made bitcoin what it is today, so if you're looking for the whale behind the development of the altcoin market, then you can be sure that you will never find it, unlike the case. with Elon Musk, he is openly trying to speculate on the coin he likes, so the coin should develop for the future
newbie
Activity: 64
Merit: 0
April 14, 2022, 10:11:57 AM
#51
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sr. member
Activity: 832
Merit: 286
Next Generation Web3 Casino
April 14, 2022, 05:48:35 AM
#50
Most of the holding of each whale is part of the team that develops the altcoins, we always see teams have almost 30% of their tokens to distribute over the long term, so I don't think there is any investor holding altcoins higher than the project team.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
April 14, 2022, 05:38:30 AM
#49
don't you even aware if there are so many whales in the crypto market? The whales are only wanna making money. Anyone in the crypto wanna make money started from the small shrimp until the biggest whale. These parties have the same intention to make money as much as possible in the cryptocurrency and so your accusation was not true at all. How is it possible for the whales who have been early investing in the altcoins become a wrong thing for you? You're seeing the whales from bitcoin investing in the altcoins and this is not a bad thing. Money will always be flying to the place where it can multiple itself.
legendary
Activity: 1876
Merit: 4532
April 13, 2022, 09:45:01 AM
#48
Why do you think that Bitcoin whales and Alteoin whales are different people? First, whales pump bitcoin, then they buy cheap altcoins for expensive bitcoin, then they pump altcoins and buy stablecoins. I think that the whales are now waiting for the price to drop in order to buy more cryptocurrencies.
member
Activity: 472
Merit: 56
April 13, 2022, 09:30:13 AM
#47
No one knows who is behind all this, just like Satoshi Nakamoto who we only know by name but we never know who it is.
However, if we talk about all cryptocurrencies with very large volumes of course this is not one or two people behind all of this, it could be that really rich people are investing behind the scenes, maybe we know one of them is Elon Musk but that's only one , what if there are dozens of other rich people who are here.
that's how people hide their identity in this cryoto world, because there will be many risks that will be obtained if their identification is known to the public, one of which is like Satoshi Nakamoto, Elon Musk is the second person who makes himself quite a lot of people talk about, even many other Elon Musk who invisible in crypto, they play behind the scenes to influence crypto as a whole, because this issue can't just be one, two and three people involved, so large volumes can just appear
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
April 13, 2022, 09:29:02 AM
#46
In the beginning, there is no whale on altcoin because they put their money only in bitcoin.
But then some people start to create other crypto coins such as litecoin, dogecoin, ethereum, etc.
People in bitcoin started to diversify their investment portfolio to altcoins, not only bitcoin. So, i think the whales of altcoins come from bitcoin holders.
You are right that the whale of the entire cryptocurrency market is the regular holders and I still think not only diversification of investment alone that make the whales move from Bitcoin to altcoin but also the chance to control market actions made the whales also move since the ethereum blockchain give them the power to create and hold whatever coins they want.
Right now, whales seem to tend to only hold a few potential altcoins as you've mentioned because they still hold large amounts of bitcoin. They believe bitcoin's potential is definitely greater than altcoins to grow in the future and even though they hold altcoins, their potential to deliver huge profits is still more profitable for bitcoin. Yes, they know how to diversify their investment portfolio and they are already using altcoins to add to their list of wealth.
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