Topic: How to withstand whales? (Read 907 times)
I think the best way is to HOLD, there's no harm in holding unless you really need money.
i think we can't withstand whales
we better follow whale also to take advantage of the moment
if to hold too risky with emotion
we better follow whale also to take advantage of the moment
if to hold too risky with emotion
I would say, convert your crypto to stable coin/token or in fiat when time is right. This way you would say thanks to whales for profits and also that you got to buy cheap coins.
If you can't defeat them, join them.
Joining a pope is more beneficial than fighting them, because the maneuvering has a clear purpose. They sell large amounts of bitcoin the price will go down, so instead they buy bitcoin prices will rise. So just follow the information circulating about the popes who control large amounts of bitcoin. If you can't defeat them, join them.
Holding is the only option we have. Because if we do coin sales at this time. So we will not have any advantage in this. So we have to hold our coin.
the article can't make everyone believe, this not-so-strong news might be just an idea, but if there really are miners and big investors, that of course can strengthen that opinion, who would bother to become a miner at the time of BTC prices like this? of course, only a fool or maybe he is someone who already knows the future of BTC they still mine BTC
calculations show that mining cryptocurrency is no longer profitable at this time, so it is very difficult to believe if there are still people doing mining
calculations show that mining cryptocurrency is no longer profitable at this time, so it is very difficult to believe if there are still people doing mining
I chose the HOLD strategy. And I go about my business not even looking at the market.
I would say, convert your crypto to stable coin/token or in fiat when time is right. This way you would say thanks to whales for profits and also that you got to buy cheap coins.
If you can't defeat them, join them.
If you can't defeat them, join them.
I think that we are not able to efficiently withstand whales, but we are able to understand their behavior and prevent their bad influence towards our pockets. We need knowledge and experience for it.
Don't fight the Pope, we will go bankrupt later. So just follow the rhythm of the popes, because they have very much bitcoin. Each of their actions, selling or buying bitcoin, must have a clear goal where the main goal is profit. If we follow their way of thinking, we can make a little profit. 
Hey guys, just found a mind-blowing article about whales and "skype trading".
So in December, when common people sold houses and cars or took loans in the bank and bought bitcoin during its unprecedented growth, bankers quietly sold all the bitcoins out of the exchange at high prices, and this did not affect the exchange rate, but when not over-the-counter areas were over, they came to the stock exchanges and the remains of bitcoin were already sold on open exchanges, causing a price collapse.
If a whale wants to buy bitcoin for $ 500 million and go with this amount to the one of top 5 exchanges, such as Poloniex or Binance, he can in one trading session, push the rate one or two thousand dollars up, and that's exactly what he does not need.
What are your suggestions??? I think the only way is just HODL despite the fact of price collapse.
The market is being played by capitalist. I really hate if there is people money that gathered is used by few people who only want profit. please keep hold your bitcoin and don't save money in bank. Just keep your money in your home or use it to buy property or gold, don't ket those people use our money to destroy us. Quote
A small group of about twenty over-the-counter (OTC) traders and clients including big investors, miners, payment processors and hedge funds, has reached a monthly trading volume worth billions of dollars. Instead of using an online exchange like Coinbase or Kraken, the participants close major deals chatting on Skype and settle them by sending fiat via bank wires and cryptocurrency directly to each others’ wallets.......
So in December, when common people sold houses and cars or took loans in the bank and bought bitcoin during its unprecedented growth, bankers quietly sold all the bitcoins out of the exchange at high prices, and this did not affect the exchange rate, but when not over-the-counter areas were over, they came to the stock exchanges and the remains of bitcoin were already sold on open exchanges, causing a price collapse.
If a whale wants to buy bitcoin for $ 500 million and go with this amount to the one of top 5 exchanges, such as Poloniex or Binance, he can in one trading session, push the rate one or two thousand dollars up, and that's exactly what he does not need.
What are your suggestions??? I think the only way is just HODL despite the fact of price collapse.
In my own understanding, how can we be so firm against all odds when the market is down due to the whales playing around with their holdings? For me, i will just always keep in mind to always "sell high and buy low" because it's the only way that we can earn good profit in crypto.
To withstand whales ensure your are adequaltely equip with researc base knowledge about the fundamentals of Bitcoin and price fluctutation, do not panic when prices go down, take advantage and ensure you invest during the bearish period, the future is bright for risk takers. But ensure you save what you can afford to loss.
Hey guys, just found a mind-blowing article about whales and "skype trading".
So in December, when common people sold houses and cars or took loans in the bank and bought bitcoin during its unprecedented growth, bankers quietly sold all the bitcoins out of the exchange at high prices, and this did not affect the exchange rate, but when not over-the-counter areas were over, they came to the stock exchanges and the remains of bitcoin were already sold on open exchanges, causing a price collapse.
If a whale wants to buy bitcoin for $ 500 million and go with this amount to the one of top 5 exchanges, such as Poloniex or Binance, he can in one trading session, push the rate one or two thousand dollars up, and that's exactly what he does not need.
What are your suggestions??? I think the only way is just HODL despite the fact of price collapse.
Quote
A small group of about twenty over-the-counter (OTC) traders and clients including big investors, miners, payment processors and hedge funds, has reached a monthly trading volume worth billions of dollars. Instead of using an online exchange like Coinbase or Kraken, the participants close major deals chatting on Skype and settle them by sending fiat via bank wires and cryptocurrency directly to each others’ wallets.......
So in December, when common people sold houses and cars or took loans in the bank and bought bitcoin during its unprecedented growth, bankers quietly sold all the bitcoins out of the exchange at high prices, and this did not affect the exchange rate, but when not over-the-counter areas were over, they came to the stock exchanges and the remains of bitcoin were already sold on open exchanges, causing a price collapse.
If a whale wants to buy bitcoin for $ 500 million and go with this amount to the one of top 5 exchanges, such as Poloniex or Binance, he can in one trading session, push the rate one or two thousand dollars up, and that's exactly what he does not need.
What are your suggestions??? I think the only way is just HODL despite the fact of price collapse.
Good analysis made but I don't think the best option is to Hodl because while Hodling, price would have dropped drastically and you might not be able to get back your entry price and maybe forced to sell at ridiculously much more lower rates! I would recommend you cut loss as soon as you notice red coming in then buy back at lower rate then sell off much later when there's a pump.
You exchange and the purchase and offer request set as of now, in the event that you see any surprising request with expansive volume.we need to bind together to defeat them.the best you can do is to join pools to contribute whales.
I have always maintained that we should always expect the best to happen to us. You need to maintain a positive mind about bitcoin and never worry about how bad the whales or rich in bitcoin manipulate bitcoin to their benefit. It is a learning process and there is nothing much that you can do. 
Hey guys, just found a mind-blowing article about whales and "skype trading".
So in December, when common people sold houses and cars or took loans in the bank and bought bitcoin during its unprecedented growth, bankers quietly sold all the bitcoins out of the exchange at high prices, and this did not affect the exchange rate, but when not over-the-counter areas were over, they came to the stock exchanges and the remains of bitcoin were already sold on open exchanges, causing a price collapse.
If a whale wants to buy bitcoin for $ 500 million and go with this amount to the one of top 5 exchanges, such as Poloniex or Binance, he can in one trading session, push the rate one or two thousand dollars up, and that's exactly what he does not need.
What are your suggestions??? I think the only way is just HODL despite the fact of price collapse.
Quote
A small group of about twenty over-the-counter (OTC) traders and clients including big investors, miners, payment processors and hedge funds, has reached a monthly trading volume worth billions of dollars. Instead of using an online exchange like Coinbase or Kraken, the participants close major deals chatting on Skype and settle them by sending fiat via bank wires and cryptocurrency directly to each others’ wallets.......
So in December, when common people sold houses and cars or took loans in the bank and bought bitcoin during its unprecedented growth, bankers quietly sold all the bitcoins out of the exchange at high prices, and this did not affect the exchange rate, but when not over-the-counter areas were over, they came to the stock exchanges and the remains of bitcoin were already sold on open exchanges, causing a price collapse.
If a whale wants to buy bitcoin for $ 500 million and go with this amount to the one of top 5 exchanges, such as Poloniex or Binance, he can in one trading session, push the rate one or two thousand dollars up, and that's exactly what he does not need.
What are your suggestions??? I think the only way is just HODL despite the fact of price collapse.
If you are a whale as well, of course you can make the table turn using your money and coins.
but if you are not a whale and just a common crypto investors, we should know the market can be affected by the whales, so we don't panic to decide selling our coins.
We just need to be smart and play their game. Follow the signals and follow the money. We have some very bullish news lately and selling at this moment is the last thing you want to do.
The Pope is the owner of a lot of bitcoin, so he can play the price to make a profit. So it's better to take steps to follow them, because fighting the current makes us lose. The Pope is an investor and speculator, so the turbulence in bitcoin prices makes them excited.
If most people insist on using HODL, then the market is always green, do you believe it? But just because most people are reluctant to do so, these whales can be so easily controlled!
I think that we are not able to efficiently withstand whales, but we are able to understand their behavior and prevent their bad influence towards our pockets. We need knowledge and experience for it.
You're 100% right: knowledge, experience, and patience.
I think that we are not able to efficiently withstand whales, but we are able to understand their behavior and prevent their bad influence towards our pockets. We need knowledge and experience for it.
Its just how the world works. But we can't do anything if whales decide for themselves on what to do. Just look at what happened to the captain in Moby Dick. We can't fight them. So best is to go with the flow.
I follow the whales to sell when they pump it, and I simply just buy back at cheap rate when they dump, and sell again when they resume the pump madness. I do that over and over again. I never sell when they dump, that will spell doom and never buy when they pump.
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