You cannot control volatility, whether we like it or not, it's there to stay forever and will move markets in the most unexpected ways that it can. I don't think that whether there is you call big or small money, they're all same.
They all end up inside the economy and circulates within it and thus, the market is living through it.
I understand that this is for all of us and we want it to be limited to us but bitcoin is for all, that's why it's free and we've got freedom. Institutions are gonna join no matter what happens and we've thought of it even before that someday they'll come and invest with us.
Topic: Big money bad for bitcoin in the long run - page 5. (Read 693 times)
The community's take on the role of large investors in the cryptocurrency market can vary. Some argue that the influx of big money can drive up prices and create a speculative bubble, while others argue that it brings legitimacy and stability to the market. Additionally, some believe that large investors can have a negative impact on the market by using their significant resources to manipulate prices, while others believe that they can help to increase liquidity and improve the overall health of the market. Ultimately, the impact of large investors in the cryptocurrency market will depend on the specific actions of these investors and the regulatory environment in which they operate.
As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.
What's the community's take on this?
What's the community's take on this?
Isn't it that is the basic tenant of investing specially in a asset like crypto, you should ride the wave in either direction. Or it really depends on how you look at your investment. For long term investors, which I think is the majority here, they are not bother with this short burst of run just like what we are seeing right now.
So I don't think that it's bad to see this kind of money flowing to bitcoin and crypto in general. You have to remember that we have this bullish and bearish cycle, and it's up to you how you going to take advantage of it, regardless on how big the money is entering.
If the market is going down and people are thinking about buying altcoins instead of buying bitcoins, they probably won't be as lucky if they buy bitcoin.
That is because after that market crash, the price of bitcoins will start to increase again and that's where people can see the amount of profit they will get.
The whales will also see it as an advantage they can use to buy bitcoins with their money.
For this reason, if you don't want to miss moments like that, you need to follow what the whales are doing so that you can have or add to the number of bitcoins you have.
But big money is not always good for the market because it could be that big money is a collection of many people trying to buy bitcoin at one or several bitcoin prices.
That is because after that market crash, the price of bitcoins will start to increase again and that's where people can see the amount of profit they will get.
The whales will also see it as an advantage they can use to buy bitcoins with their money.
For this reason, if you don't want to miss moments like that, you need to follow what the whales are doing so that you can have or add to the number of bitcoins you have.
But big money is not always good for the market because it could be that big money is a collection of many people trying to buy bitcoin at one or several bitcoin prices.
This is a market where profits are made from trading, so I don't see a problem when large amounts of money are injected into the market. Even if there is a large amount of bitcoin being dumped, as long as someone buys it back, there will be no problem. Bitcoin would be really problematic without liquidity, but as long as there are transactions going on, it has never been an issue for it to have a large or small amount of money pushed into the market. I even like when the market is pumped a lot of money into the market because then there will be hype that makes it easy for us to make a profit.
It can only be bad if they sell. They however have to hold thier horses because if the whales sell, the other whales might just buy them all up. We have gone this low already and more whales would grab more of BTC. This is the time in BTC when investors had to look at it for the long term.
I think the market will push the price way up and the correction isn't so bad that it will continue to rise til the end of the year.
As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come.
You can't consider Bitcoin market with other cryptocurrencies because Bitcoin in decentralized other s where centralized which also indicates that when Bitcoin rises others may fall, just as we are experiencing now as Bitcoin surges while other currencies aren't to that extent.
But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money
It is good for you not to compare other crypto market price determination process with that of Bitcoin, if you can listen well to what PoW states and it's difference from PoS then you wouldn't compromise the two together as the same, there's no price manipulation in Bitcoin, it's price majors on demand and supply rate.
As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.
What's the community's take on this?
What's the community's take on this?
I like the opposite of your idea, when a large amount of money is pushed into the market, the market will have strong fluctuations from which there is a chance to make more profits. In addition, we want bitcoin to grow and become big and solid, we need a large amount of money because small amounts only make the market slow and more difficult to develop. I understand what you are trying to say is moving towards a stable, sustainable market, but bitcoin is still a manipulated market, and it is still a game, there are winners and losers.
OP, why do you single out Bitcoin for this?
"Big Money" are bad for all financial markets, because those large speculators influence all financial products, for example (Stocks / Shares / Forex trading / Maize prices.. etc.)
So, this will be a problem ..no matter if you implement "Proof of Work" or "Proof of Stake" .... or trading on Nasdaq or any other financial platform... the rich will manipulate the markets.
"Big Money" are bad for all financial markets, because those large speculators influence all financial products, for example (Stocks / Shares / Forex trading / Maize prices.. etc.)
So, this will be a problem ..no matter if you implement "Proof of Work" or "Proof of Stake" .... or trading on Nasdaq or any other financial platform... the rich will manipulate the markets.
As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.
What's the community's take on this?
What's the community's take on this?
That's how the financial markets work. If you are against the way financial markets work, just don't bother and pick another job or hobby.
Can you figure out a way to stop "big money" from buying BTC and entering the Bitcoin market? I don't think so.
Bitcoin would've been way more boring and uninteresting for the vast majority of the traders/investors, if the price was less volatile and there weren't any "big money" in the game of crypto trading.
The stock markets also have a bunch of whales, who are buying low and selling high(and they are probably manipulating the prices). I don't see anyone complaining about the stock market whales.
If you are a crypto trader and you are failing at timing the crypto market, you should blame yourself, not the crypto whales.
Whales, or those who own a large amount of bitcoin, are not in the same mind as others, some of whom may sell and others who will hold for longer. This has also happened in the past when bitcoin reached new highs, others sold off, and the price fell. It is not only in bitcoin but all in the market; this is the cycle, and why are you scared? It was the opposite: those who left behind or continued holding are the stronger hands, as they continued holding no matter what, unlike those who sold earlier, and for sure they will be buying again.
I'm a bit doubtful about your claims.
What you call "Big Money" or the whales usually have a better understanding of the market or in other words you can't categorize then as "weak hands". This means they won't pull out of the market in any way that could cause a big drop. Same way they don't enter it in a way to cause a big rise. This is why we see accumulation phases where price is low but the "Big Money" is buying in while everyone else is ignorant.
What has always caused the big jumps and big dumps been weak hands who panic sell and panic buy into bitcoin whenever they see price already reaching a certain level. This is why we still don't see them buy back the bitcoin they sold at lower prices despite the bullish momentum. They probably buy back after $30k is broken at a panic just like how they panicked and sold their bitcoin below $20k.
What you call "Big Money" or the whales usually have a better understanding of the market or in other words you can't categorize then as "weak hands". This means they won't pull out of the market in any way that could cause a big drop. Same way they don't enter it in a way to cause a big rise. This is why we see accumulation phases where price is low but the "Big Money" is buying in while everyone else is ignorant.
What has always caused the big jumps and big dumps been weak hands who panic sell and panic buy into bitcoin whenever they see price already reaching a certain level. This is why we still don't see them buy back the bitcoin they sold at lower prices despite the bullish momentum. They probably buy back after $30k is broken at a panic just like how they panicked and sold their bitcoin below $20k.
As bitcoin continues on its current bullish path, all kinds of people are trying to ride this wave by buying any cheap coins they can get their hands on as they anticipate the next High to come. But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money.. markets bleed red which is why Big money is not good if volatility is to be controlled. In the long run Bitcoin is better off without the Big money, otherwise this becomes like a pyramid scheme always leaving the last man standing with empty pockets as the first guy to make a move gets all the accumulated $$$$.
What's the community's take on this?
Bitcoin is based on ideals of freedom, if the whales want to buy massive amounts of bitcoin no one can stop them, it is undeniable the more popular bitcoin gets and the more bitcoin is bought by the whales that it becomes easier for them to manipulate this market to their convenience.What's the community's take on this?
But it is not as if they are not doing the same on every other market, and we have whales already anyway, as the early adopters managed to collect a massive amount of bitcoin and they can manipulate the market too.
Then what do you expect? with a small market capitalization you will get nothing but stability and calm but no price increases so the market is not in any position bearish or bullish. Big money is needed to move the market both up and down it is important we understand the action to be taken when it goes down or when it starts to go up.
What the hell you're talking about, a whale who hold 1,000 Bitcoin in his own wallet wouldn't sold all of his 1,000 Bitcoin when Bitcoin price already increase, actually if there are 1,000 retailers who hold 1 Bitcoin in their wallet, how you can make sure those 1,000 retailers wouldn't sell their Bitcoin at the same time?
When someone buy Bitcoin it doesn't mean Bitcoin price will increase and when someone sold Bitcoin it doesn't mean Bitcoin price will decrease, it depends on the market. If the market are scared because there's huge Bitcoin transfer, actually it's stupid and no any relation with Bitcoin will dump.
When someone buy Bitcoin it doesn't mean Bitcoin price will increase and when someone sold Bitcoin it doesn't mean Bitcoin price will decrease, it depends on the market. If the market are scared because there's huge Bitcoin transfer, actually it's stupid and no any relation with Bitcoin will dump.
But the scary part about this is that Big money is also flowing into the crypto economy that will push price to easily register new highs, but this comes at a price, when these whales decide to take out their money..
ARK and blackrock had fingers in the sub prime mortgage chaos that caused the 2008 crisis..
.. anymore need to be said
All this complaints about whales and big money — it works almost the same exact way with any other markets. You can't have a market where it's all 100% retail investors with small-mid amounts of money; especially when talking about bitcoin — something that's supposed to be more distributed.
Everyone has the right and freedom to buy, own, or sell bitcoin. Whether you like it or not. The market will continue to work normally, by being moved by typical buy/sell offers and executions.
Everyone has the right and freedom to buy, own, or sell bitcoin. Whether you like it or not. The market will continue to work normally, by being moved by typical buy/sell offers and executions.
Of course, in this case, people's opinions will differ.
In my opinion, in this case, mental strength is needed, in fact, if you want to
invest in bitcoin, don't be afraid as long as we are mentally strong, because the more capital invested in bitcoin, the greater the profit that. so before investing in bitcoin you have to be mentally strong first. and be prepared to take risks.
so in my opinion if investing in bitcoin and for the long term, I think it will be safe, because bitcoin is not an altcoin.
in my opinion don't think too much about WHALE, because the one who will win is the one who can withstand it.
In my opinion, in this case, mental strength is needed, in fact, if you want to
invest in bitcoin, don't be afraid as long as we are mentally strong, because the more capital invested in bitcoin, the greater the profit that. so before investing in bitcoin you have to be mentally strong first. and be prepared to take risks.
so in my opinion if investing in bitcoin and for the long term, I think it will be safe, because bitcoin is not an altcoin.
in my opinion don't think too much about WHALE, because the one who will win is the one who can withstand it.
That's part of the market. When the scenario seems to be favourable whales entering the market with big money is quite common. When the market is on the bullish part it is good to just enjoy the trend than going in depth analysis and miss opportunities. If the market gets manipulated by the whales we should have the ability to hold, because the market that's been manipulated will bounce back at some point.
We're not all selling at the same time though? People get greedy, when big money enters the space, big money gets greedy too.
If big money enters the space, lots of people will either sell or buy off that news. No one with a large investment will sell it on the open market all at once unless they've got a vendetta because it'll mean they've made a loss from what they could've made.
There's a lot of people who hold the coin because they don't understand the technology, don't understand the markets or because they're worried they'll never be able to buy for the price they sold at. When big money enters the cryptospace I think a lot more derivatives and lending will be done between players so they can stay invested or they'll only come with tiny parts of their portfolios to gain the maximum exposure with the minimum risk.
If big money enters the space, lots of people will either sell or buy off that news. No one with a large investment will sell it on the open market all at once unless they've got a vendetta because it'll mean they've made a loss from what they could've made.
There's a lot of people who hold the coin because they don't understand the technology, don't understand the markets or because they're worried they'll never be able to buy for the price they sold at. When big money enters the cryptospace I think a lot more derivatives and lending will be done between players so they can stay invested or they'll only come with tiny parts of their portfolios to gain the maximum exposure with the minimum risk.
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