Can good news impact crypto value without whales? - page 2.

fullhdpixel

hero member

Activity: 2828

Merit: 611

Quote from: Gorosden on June 01, 2021, 07:51:08 AM

Imagine a world of crypto without millionaires and whales will good news even affect crypto value or not? I believe crypto market can be manipulated to increase in value and also decreased in value so why not just ride along with these so called whales? They will crash the market so that's a perfect time to buy, they will also pump when the time is right and that's the time to sell, this is just my own way of making money, ride along with the whales

Good news is the whales itself, then we take over and we impact the price that is why it is so important. For example, "tesla buys 1.5 billion dollars worth of bitcoin" is a good news, the fact is that they are whales and they bought 1.5 billion dollars worth which did increased the price I am sure but not too much, it went probably 10% high at the most, probably not even that much. However the news of them buying that much made it go up 20%+ because we all got together and bought, and some people stopped selling when they saw that, which increased the price a ton.

This is why I think it is quite important to realize that whales are the news, whenever a whale move happens it becomes a news and we react to it and that is why the price goes up or down depending on what the whales does, not because they are capable of changing the price, but we change the price because of their news.

Desscount

full member

Activity: 1386

Merit: 101

ComboLabs

Quote from: Gorosden on June 01, 2021, 07:51:08 AM

Imagine a world of crypto without millionaires and whales will good news even affect crypto value or not? I believe crypto market can be manipulated to increase in value and also decreased in value so why not just ride along with these so called whales? They will crash the market so that's a perfect time to buy, they will also pump when the time is right and that's the time to sell, this is just my own way of making money, ride along with the whales

ride with the whales in my opinion is very risky, it means you only trade when Fomo occurs,
if you rely on whales of course it will become an addiction when trading, and you will not gain knowledge about analysis,
it's better to trade with the rules and you will get both, yeah knowledge and profit.

Alanaz

member

Activity: 980

Merit: 10

it's really possible but of course it's not that easy my friend, because more or less we need people like them for something. maybe some people don't agree with me but even though they do manipulate the market but look at it from the other side because the coins will not be able to run by themselves without them.
actually this whale has a positive and negative impact in my opinion.
but again there is always an impact from every action and there must always be a risk taken from everything

kidbounty

full member

Activity: 1064

Merit: 101

HELENA

can't, because whales play an important role in the crypto market. they are the source of power in the pump, without them good news would just be ordinary news. without them the market would not even have the strength to survive. remember elon with bitcoin and doge, he is a vivid example of whales playing a vital role in big pumps.

Coin BTC

member

Activity: 721

Merit: 19

Trident Protocol | Simple «buy-hold-earn» system!

Since the beginning, the world of bitcoin was famous in our ears in 2017 which had intensified the world of the trading market and even it would be sovereign to become a single currency that would shift other currencies, well as we know that bitcoin was originally coined by the mysterious Satoshi Nakamoto in in 2008, so for me bitcoin without millionaires is like a pool without water, so for bitcoin without millionaires bitcoin might not be as famous as it is today, so bitcoin and millionaires need each other Cool

mu_enrico

copper member

Activity: 2324

Merit: 2142

Slots Enthusiast & Expert

Quote from: Gorosden on June 01, 2021, 07:51:08 AM

why not just ride along with these so called whales?

Yes, that's workable strategy if you have insiders. However, often we cannot predict what they will do, and following one whale may not be correct because there are many whales in the crypto market. Also, this strategy isn't feasible if there is no coordinated actions between whales.

Regarding to the title, yes, good news can impact crypto market since many small money = big money.

Bitcoinjheta

full member

Activity: 798

Merit: 104

There is an impact in the first place but how massive would it affect the market depends on how good the news is and how beneficial it would be to all the rich and financially able investors.Since cryptocurrency is a digital asset and investment method, millionaires and whales are easily attracted because they know how to make profit on it.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

That will be impossible because we have many millionaires who have a lot of money. If they think that crypto is a new way to make more profit, they will try to buy as many as possible. Although the whales can manipulate the market, that will not always happen and it happens occasionally. If we can use the moment that the whales created, we can make a profit. We just need to follow their step, but we should have an analysis to know when we need to leave the market.

electronicash

legendary

Activity: 3234

Merit: 1055

there is no way we can exclude the whales, they will buy whatever they see as a good investment. they are here to stay and will try milking the market for as long as they could. riding along with their trades takes a lot of skills. the rest of us are also riding by just holding our coins after buying the dips, that's how they ride with them. taking another route may just be a risky as margin trading.

Ozero

full member

Activity: 2142

Merit: 183

Quote from: Gorosden on June 01, 2021, 07:51:08 AM

Imagine a world of crypto without millionaires and whales will good news even affect crypto value or not? I believe crypto market can be manipulated to increase in value and also decreased in value so why not just ride along with these so called whales? They will crash the market so that's a perfect time to buy, they will also pump when the time is right and that's the time to sell, this is just my own way of making money, ride along with the whales

It is certainly better to use whale tactics and repeat price movements with them. However, the problem is that it is very difficult to grasp what they want to do and start doing. After all, it is important to start selling or buying with them, and not to react with a certain delay. Of course, ideally, this is unlikely to work, because the intention of the whales is actually the intention of the price movement of the market, and this is always difficult to do. A successful trader is one who quickly catches market trends and reacts to them correctly.

Xinarae*

sr. member

Activity: 1414

Merit: 326

Quote from: aprilnot on June 01, 2021, 08:57:09 PM

can, and all that has happened in the past. but the increase is not like when the whales are pumping. To make the market go up high it takes big investors. like elon musk who played an important role in making bitcoin create new ATH. the good news without the whales wouldn't have had a big impact.

When whales influence the market adjusts to the very bottom the good news is that cryptocurrencies without whales can affect quality but only if we invest heavily in the market. The whales will come after the bull run however the value of crypto will go up will depend on the investment.

Ararbermas

sr. member

Activity: 2016

Merit: 283

Probably yes but it all depends on how the news can really influence investors to make investment, if its all about adoption such popular names of businesses and etc around the world surely it can give an impact to the crypto space.. Actually this is the common technique of some traders and investor before putting money in crypto wherein they will jump on it only once they saw a news that for them it will really make bump in the price because for them its a big opportunity that they can make good profits even in just a short period of time..

MCobian

full member

Activity: 1190

Merit: 117

Quote from: Dread Pirate Roberts on June 01, 2021, 10:09:01 PM

Very likely to happen, as long as the news really has an impact on the crypto community itself later. not just good news but the potential outcome from the news. the crypto market isn't always about whales. especially for those coins that have useful feature and also with large communities

It's been a long time since good news has impacted crypto value, so it doesn't have to involve whales to have an impact on crypto prices.
Therefore, don't focus too much on whales when you see price changes in the market. Sometimes rumors alone can have an effect on crypto
prices in the market. This means that in analyzing the market, there are many things to pay attention to, especially news related to crypto
usually does affect market prices. We must always remember "Buy the rumors, Sell the news".

Dread Pirate Roberts

sr. member

Activity: 1512

Merit: 326

Very likely to happen, as long as the news really has an impact on the crypto community itself later. not just good news but the potential outcome from the news. the crypto market isn't always about whales. especially for those coins that have useful feature and also with large communities

danherbias07

legendary

Activity: 3346

Merit: 1134

Leading Crypto Sports Betting & Casino Platform

Again, easy to say, difficult to achieve especially when you are on that moment.
Unless, you have information leaked to you by this group of millionaires you won't know where the market will go.
If Elon Musk tells the world in Twitter that Dogecoin is not also a good choice of coin, do you think he is selling at that moment or he already did?
Of course he already did. There is no chance he will put himself in the corner after a bad tweet that would jeopardize his investment.

masterrex

full member

Activity: 1820

Merit: 107

I think those so-called whales are part of the trading system elsewhere not just in the crypto industry but across all markets that's why it is not easy to disregard their role involving crypto prices because they have the power to manipulate the price especially in the volatile industry like crypto so it is better to accept that reality and move on let us co-exist with them.

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

Maybe, without whale the market gonna runs purely on the market's state of psychology I think and good news could more or less affect the price but such world without whales could never exist, since if there's no whale in the market someone definitely gonna try to be one and reading whales' move isn't an easy thing either. What most you can do is just to buy the dip and sell in the pump but it's like trying to catch a falling knives. everything could go wrong as these whales usually plays by their own rules.

virasisog

hero member

Activity: 1820

Merit: 537

That is how the whole market had been since crypto currency had started. There will always be people who will hold large amount of coins and rich people who will play with the whole market whether we like it or not. It is not just whales that are driving the market, project development and massive use case also pumps the market which is a more organic growth than a pump and dump done by whales.

aprilnot

full member

Activity: 1204

Merit: 102

can, and all that has happened in the past. but the increase is not like when the whales are pumping. To make the market go up high it takes big investors. like elon musk who played an important role in making bitcoin create new ATH. the good news without the whales wouldn't have had a big impact.

fvb

member

Activity: 1470

Merit: 13

There is no doubt that news can influence the movement of the market. Moreover, they can be deliberately created to influence and exploit fluctuations in the ecosystem. There are many examples in world history on this topic.

Topic: Can good news impact crypto value without whales? - page 2. (Read 454 times)