Topic: Do You Know How Whales Sucking Us - page 2. (Read 727 times)
We all can avoid these whale strategies.. You can follow their route and short out when they start dumping and buy in right after they start pumping.. If you cannot do it just patiently wait for future so bitcoin will flip..
It's very convenient to pin the blame for price drops on the rich traders, but that doesn't make it true. There are a lot of people in the bitcoin market these days, so this most recent drop could just as easily be due to a bunch of little and medium-sized traders selling off. But who knows. It's not like there's any data on who's selling what, and in either case we've seen times like this before. Hopefully bitcoin will rebound before the end of the year.
But isn't it big whales who are actually moving the price in a major way? Yes, Bitcoin was overbought heavily in December which eventually caused a massive correction. But as it later turned out, some dude with a huge pile of Gox coins went on a selling spree some time back then. Isn't it enough to show and prove in practice how just one person is able to affect the prices? I agree that the cryptocurrency markets are crowded nowadays and were even more crowded a few months ago up to a point where exchanges stopped registering new users, but how much weight in terms of influence on prices do small fish have?
Given that the majority of these wannabe traders are more inclined toward long-term holding, without the big guns the price would be trading in a rather narrow range with minor fluctuations and not so steep or even abrupt changes.
The whales are experts when it comes to trading. They are master manipulators of the market due to their huge amount of resources both on dollars and bitcoin.
I wouldn't disagree with any of that--but I would argue that there's no real evidence that the drop from $20k was due to any whales. It could be that the market has just cooled off for now, and that's happened before.It's very convenient to pin the blame for price drops on the rich traders, but that doesn't make it true. There are a lot of people in the bitcoin market these days, so this most recent drop could just as easily be due to a bunch of little and medium-sized traders selling off. But who knows. It's not like there's any data on who's selling what, and in either case we've seen times like this before. Hopefully bitcoin will rebound before the end of the year.
Wow I love that description dude, personally I see that whales will continue to manipulate this market, we have seen time and time again that News it the market has no effect anymore- They are the reason we have such low volume at the moment, I can see they will bring it down sub 6k, possible 5k, to finish the correction, then hopefully this will trigger institutional investors and fresh investors, We should hope for this as they a healthy run can continue
Thank you, everyone, for participating in my post
i think there are some whales who sucking us through bitcoin and that's why bitcoin not crossing 10k$ when bitcoin try to cross 10k$ than some whales come and suck top of bitcoin and go back and again wait when bitcoin try to cross 10k$ again and whales will come again
Example image
https://injurylawyerz.us/aa.jpg
Yes possibly.., those who could do this are those share holders who has a great stake or bitcoin share..they can do it because they have a bigger share and just by creating a false pump or dump they can easily profit with their actions while other struggles to survive. Tssskkk...The vultures. Example image
https://injurylawyerz.us/aa.jpg
I don't even think that you need to be a whale in order to take advantage of those minor up trends, a lot of traders specially the wave traders know when to put their long and short position even if the whales are the ones who have the biggest influence in the market this traders still have a considerable amount of profit not far a way from this whales. And I don't think that the illustration is right, in order for whales to "suck" us the chart must show that whales are below the candles as this is where they take money from other traders.
This is how whales get more profit than other investors. What they do is, when the price is quite lower, they buy a huge amount of bitcoins and sell the previous coins and after the price gets higher a little bit, they started selling it again. I think necessary steps should be taken so that this type of whales can be removed from the crypto market.
The picture only showed the second half of the process. For those coins to get puked back on the market they first had to be purchased and that was also done by the whales. If they had not bought them couple weeks back we would still be in bear market hoping for the price to stay above 6000 USD. Instead, those whales gave you a trading opportunity, moved the price up and allowed you to gain 3000 USD per con held, yet you still hate them.
Yes, since they have a huge position, they just know how to call the shots on the market knowing how traders and investors are going to be reacting to it. The thing with the market is that even as traders, all we are doing is an educated gambling, and whales are really the ones making the huge profit at the end of the day but there is really nothing we can do about it.Asides that though, I want to believe that the market is purely speculative at the moment, and it is just the way it is! If there is a huge demand generally in the outer world (by this, I mean outside the trading world), we would not be seeing the market this way.
i think there are some whales who sucking us through bitcoin and that's why bitcoin not crossing 10k$ when bitcoin try to cross 10k$ than some whales come and suck top of bitcoin and go back and again wait when bitcoin try to cross 10k$ again and whales will come again
Example image
[im g]https://injurylawyerz.us/aa.jpg[/img]
Welcome to the world bro! There are always going to be whales everywhere and they are always the ones making the market what it is and also based on how it is perceived in the outside world anyway. However, traders are just there to follow the trend and do their own thing, while whales are the ones calling the shot on how they want the trends to be directed.Example image
[im g]https://injurylawyerz.us/aa.jpg[/img]
I guess, we just have to live with it and accept our fate in most cases, which is one of the reasons why you should not be buying at the top, but instead, be taking advantage of the dips. That picture really got me laughing though !
i think there are some whales who sucking us through bitcoin and that's why bitcoin not crossing 10k$ when bitcoin try to cross 10k$ than some whales come and suck top of bitcoin and go back and again wait when bitcoin try to cross 10k$ again and whales will come again
Example image
If people were not as dumb as to sell their coins when the prices go down then the whales will be unable to get your money, so it doesn't matter if they are trying to manipulate the price it is the people at the end that let themselves be manipulated, so do not let that happen to you and keep holding your coins despite the manipulation currently going in the price.Example image
It's a fact that whales have the capability to manipulate the market with the amount of btcs they have but i don't think we don't have a choice against them. Avoid being weak of heart and you can ride any wave these whales conjure.
i think there are some whales who sucking us through bitcoin and that's why bitcoin not crossing 10k$ when bitcoin try to cross 10k$ than some whales come and suck top of bitcoin and go back and again wait when bitcoin try to cross 10k$ again and whales will come again
Example image
If people were not as dumb as to sell their coins when the prices go down then the whales will be unable to get your money, so it doesn't matter if they are trying to manipulate the price it is the people at the end that let themselves be manipulated, so do not let that happen to you and keep holding your coins despite the manipulation currently going in the price. Example image
That's complicated, which has a small capital like me will rely heavily on those who have big capital. But this is a risk that must be taken, without them, bitcoin prices will not have a high price. I think the market cryptos is fair enough, for those who have large capital will benefit greatly and for those of us who have a small capital will benefit with the portion of capital we have.
i think there are some whales who sucking us through bitcoin and that's why bitcoin not crossing 10k$ when bitcoin try to cross 10k$ than some whales come and suck top of bitcoin and go back and again wait when bitcoin try to cross 10k$ again and whales will come again
Example image
Example image
The whales are experts when it comes to trading. They are master manipulators of the market due to their huge amount of resources both on dollars and bitcoin. They can make the price of bitcoin go up in one click and they can make bitcoins value go down in also once click. There is no stopping them except for the large number of people coming in and will be buying bitcoins. If this occurred the price of bitcoin will go up since the demand is much bigger than the dump of the whales.
Lets just hope and pray that one day they will leave us(small players)to manage the market and will do our part to bring back the old times and trade normally without waiting for the whales actions
When whales take all cream the price fall. All of those people with huge investment know good each other and they hold some kind of contact, so when one decide to cash out others join and we see a huge drop, but as micro earners we can't do a thing, it's not our game in a short word.
ProTip:
Whales are not real.
Whales are not real.
They evolved into a much bigger monster not only manipulating the market price but are capable of suppressing the price
We can consider Whales is one of the reasons why Bitcoin drops but I think if we are all good enough on trading and will properly promote Bitcoin and counter-attack FUD, we can handle the situation.
Whales actually don't do that much. They are the first to enter and the first to exit -- everything after them having initiated a pump or dump is subject to how the rest of the market reacts. On top of that, it has nothing to do with being a good trader, because even good traders are as much of a victim as the rest if they wrongly calculate their actions. This market has proven that even good traders lose on the way up last year and on the way down earlier this year -- peaks weren't peaks and bottoms weren't bottoms. In case there is much activity in the market driven by fud and whatnot, it's not trading anymore but gambling, especially so with how technical analysis will not do much for you in such situations.
I think that whale only can "suck" you, if you don´t study and learn how to trade, markets and movements.
The problem of many people is that they think they´re investors or traders just with take profit with a coin or an operation and don´t dedicate time to study how to work. And when they lose money. "The whales are guilty".
The problem of many people is that they think they´re investors or traders just with take profit with a coin or an operation and don´t dedicate time to study how to work. And when they lose money. "The whales are guilty".
I agree with what you have said. Let us educate ourselves in terms of trading and how it really works. Some say that they are traders but in fact, they don't trade at all. They are just waiting for the price movement of the Bitcoin. If they feel that they will lose some of their money because of the movement, they will sell them all.
We can consider Whales is one of the reasons why Bitcoin drops but I think if we are all good enough on trading and will properly promote Bitcoin and counter-attack FUD, we can handle the situation.
ProTip:
Whales are not real.
Whales are not real.
They evolved into a much bigger monster not only manipulating the market price but are capable of suppressing the price
When people say whales are "suppressing the price" it's usually because their investment is underwater and they're looking for someone to blame. I've been trading these markets for years and I'm skeptical of any claims about notable manipulation.
This selloff was just "markets being markets." We unfortunately haven't been able to shake off the bear momentum yet.
that may be but you can't deny the fact that there is some level of manipulation going on. you can call it "whales" or anything else but it does exist whenever we some rise or some drop that we can not explain and whenever we see strange activities on the exchanges with large volumes.
If you don't panic-sell then whales won't profit off you. Whales are afraid of the price skyrocketing and crashing which could disrupt the global economy so the pump & dump cycle will continue. Easiest to play along. Allot a certain percent to pump & dump and a certain percent to holding out for the long-term. In the end, most dips and crashes are deterministic because traders will keep doing what works 
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